Tag Archive for Kelly Olsen

LifeVantage Announces Closing of LoveBiome Acquisition

Strategic acquisition strengthens leadership position in direct sales and gut and microbiome health market
LifeVantage Corporation (Nasdaq:LFVN) a leading health and wellness company with products designed to activate optimal health processes at the cellular level, announced the closing of its previously announced acquisition of LoveBiome, a pioneering direct sales company dedicated to comprehensive microbiome care and wellness solutions. Under the terms of the completed transaction, LifeVantage has acquired LoveBiome’s critical operating assets essential to the microbiome health business, including the retention of key LoveBiome personnel.

“We are pleased to have closed the LoveBiome acquisition and look forward to working with Kelly Olsen and the LoveBiome team to accelerate growth by leveraging their innovative microbiome solutions with our proven Activation technologies as one LifeVantage,”

said Steve Fife, President and CEO of LifeVantage.

“This strategic transaction expands our product portfolio into the rapidly growing gut health market while also broadening our reach in key markets including the US, Taiwan, and Europe, underscoring our deep commitment to our mission of offering people around the world a better path to wellness through Activation.”
“We are excited to be part of LifeVantage and believe the partnership will allow us to achieve our aggressive growth plans,”

explained Kelly Olsen, founder and CEO of LoveBiome.

“By combining our innovative P84 product with LifeVantage’s proven

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LifeVantage Announces Acquisition of LoveBiome, Expanding Leadership in Direct Sales, Microbiome Health and Wellness

Strategic acquisition expands network of Consultants, and strengthens LifeVantage’s Activation differentiation in the rapidly growing gut health market
LifeVantage Corporation (Nasdaq: LFVN), a leading health and wellness company with products designed to activate optimal health processes at the cellular level, recently announced it has entered into a definitive agreement to acquire LoveBiome, a pioneering direct sales company dedicated to comprehensive microbiome care and wellness solutions.*
LoveBiome has established itself as a leader in the emerging microbiome health sector, focusing on the critical connection between gut health and overall wellness. The company’s innovative P84 product takes the guesswork out of gut health, regulating, repairing, and restoring the gut and microbiome through Activation, recognizing that comprehensive gut health is fundamental to health across multiple body systems.
The acquisition aligns perfectly with LifeVantage‘s differentiation of activating optimal health processes throughout the body, helping your body make the things it needs for health including antioxidants and collagen. LoveBiome’s expertise in microbiome science complements LifeVantage’s existing portfolio of scientifically validated activators, including the flagship Protandim® family of products and the MindBody GLP-1 System™.*

“This strategic acquisition represents an acceleration of our mission to offer people around the world a better path to wellness and a healthy vibrant life while also serving as a natural

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Morinda Reaches Major Milestone

 
 
In honor of Morinda’s 18th anniversary, let’s take a look back at what the company has accomplished since forming in 1996.
 
In July of 1996, Morinda (Tahitian Noni Juice) was officially formed by John Wadsworth, Stephen Story, Kelly Olsen, Kim Asay and Kerry Asay.
Since then, the world has continued to take notice of what Morinda has done since then.
 
In fact, here are some of the amazing things the company has accomplished since starting 18 years ago:
 
Morinda experienced a 300 percent growth in revenue in its first five years of operations and continues to grow each year. In fact, Morinda has been recognized as the fourth fastest-growing company in modern history (behind Google, Intel, and Federal Express).
Morinda was the first company to harvest, source, and distribute a noni-based product to the consumer market.
Morinda has contributed more than $141 million dollars to the economy of Tahiti, and was the recipient of the Corporate & Social Responsibility Award from the country of Tahiti at the United Nations Headquarters.
Morinda is now in more than 70 countries worldwide, and currently employs more than 3,000 individuals at its corporate offices around the world.
Morinda has paid out nearly $3 billion in commissions, distributing paychecks to more

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