NEWAGE AND ARIIX COMBINE TO CREATE A >$500 MILLION GLOBAL ENTERPRISE
NewAge Agrees to Combine with ARIIX and Four Additional E-Commerce/Direct Selling Companies to Create a
>$500 Million Global Enterprise
NewAge Beverages Corporation (Nasdaq: NBEV), the omni-channel Colorado-based healthy and organic products company, today announced that it has entered into a definitive agreement to acquire ARIIX, together with four additional companies in the e-commerce and direct selling channels.
NewAge and ARIIX have agreed to create a leading health and wellness firm with a unique omni-channel route to market, depth in the e-commerce and direct selling channels, a team of more than 400,000 independent representatives, and a portfolio of healthy products unrivaled in the industry.
Merging into the combined company are:
NewAge - One of the fastest-growing beverage companies worldwide with penetration in over 60 countries and a unique omni-channel route to market
ARIIX - One of the fastest-growing direct selling companies with over 17% CAGR 2015-2019, penetration in over 35 countries, and a leading nutritional performance portfolio in over 35 countries.
MaVie - DNA mapping and wellness company with predictive genomic sequencing and a range of nutritional products customized to individuals’ DNA makeup .
Shannen - Award-winning Indonesian skincare and beauty company founded in 2018 with sales of over $25 million in first two years of operationsMaVie.
DNA mapping and wellness company with predictive genomic sequencing and a range of nutritional products customized to individuals’ DNA makeup
Shannen - Award-winning Indonesian skincare and beauty company founded in 2018 with sales of over $25 million in first two years of operations
LIMU - Global leader in Fucoidan-rich nutritional products and LIMU seaweed-based products and energy drinks.
More than 400,000 independent representatives will enjoy the omni-channel route-to-market strategy with over 80% of products ordered and fulfilled online and over 80% delivered direct to consumers’ homes.
I´m very happy to belong to the Opportunity Company Ariix. NewAge, Inc. expects to close the transaction no later than November, 30, 2020. A tremendous opportunity for smart people to change their lives as their own boss and help others to live healthier and wealthier as independent representatives or simply custom.
Flexible home based business, residual income, a genuine opportunity for everyone.
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