Acquisition will add to BeFra’s portfolio a leading, iconic, and high-quality brand with significant potential to reignite its growth through innovation
Guadalajara, Mexico – Betterware de México, S.A.P.I. de C.V. (NYSE: BWMX) (“BeFra” or the “Company”), the parent company of Betterware and Jafra, announced that it has signed a definitive agreement to acquire Tupperware’s operating assets in Latin America, primarily in Mexico and Brazil, the region’s core markets. As part of the transaction, BeFra will also obtain a perpetual, royalty-free, and exclusive license for the “Tupperware” brand for the entire LatAm region1. The transaction is expected to close during the 1H 2026.
BeFra will acquire 100% of Tupperware’s LatAm businesses for US$250 million, consisting of US$215 million in cash funded with debt and US$35 million in BeFra shares, on a debt-free, excess-cash-free basis. The implied acquisition multiple of 3.1x EV/EBITDA 2025E2 and 5.6x P/E 2025E3 is highly accretive to BeFra’s shareholders, contributing an estimated US$0.58 per common share to EPS and US$81 million of EBITDA annually, representing immediate earnings accretion of approximately 40% per share.
The debt incurred to finance the acquisition is expected to increase leverage from 1.6x to 1.9x Net Debt / EBITDA 2025E, a conservative level for a transaction of this size,
Tag Archive for Jafra
Hot Business News Today
Jafra Cosmetics Appoints Clint McKinlay As VP Sales
by Ted Nuyten • • 0 Comments
JAFRA Cosmetics International, Inc. is pleased to announce Clint McKinlay as the new Vice President of Sales Development for International Markets.
McKinlay will provide support and guidance to markets in Brazil, Indonesia, Central Europe, Italy and Russia, working to build a strong consultant salesforce while also helping to define the commercial model for markets in new countries.
He will report to JAFRA Chief Executive Officer, Mauro Schnaidman, in addition to acting as a member of the JAFRA Executive Committee.
McKinlay comes to JAFRA from Shaklee Corporation, a billion dollar direct sales company that focuses on healthy lifestyles. There, he served as the Vice President of Field Development, responsible for revenue generation and growth, worldwide annual conferences, field training programs, and field communications.
Prior to Shaklee, McKinlay was the National Director of Field Development &
Hot Business News Today
German Direct Selling Vorwerk Closed 2014 With 2.8 Billion Euros
by Ramya Chandrasekaran • • 0 Comments
Vorwerk is looking back on an extremely successful fiscal year 2014. In the 131st year of the company’s history, the Vorwerk Group closed with a consolidated sales volume of 2.8 billion euros, representing a year-on-year increase of 5.8 percent – a new best result for the Wuppertal-based, family-owned company. The current year also got off to a promising start with sales at the end of the first three months of 2015 already up 19 percent on the corresponding period of the previous year.
The Vorwerk Group also generated a clear increase in its business volume, which also takes new akf group business into account, of 6.8 percent to 3.3 billion euros.
“2014 was an entirely successful year,” as Managing Partners Reiner Strecker and Frank van Oers announced today at the financial press conference. “In