Zinzino Acquires Distributor Network and Assets of Xelliss
Zinzino has acquired the rights to the distributor database, customer register, inventory and intellectual property of Xelliss, a Luxembourg-based direct seller.
Xelliss had turnover of 8.6 million dollars in 2023, and Zinzino expects the deal to generate strong growth for the combined networks. The asset purchase follows Zinzino's acquisitions of VMA Life in 2020 and Enhanzz in 2022 and a strategic cooperation with ACN earlier this year.
"Individual advising and customized solutions are the future, not only in health and wellness," Zinzino Chief Executive Dag Bergheim Pettersen and Xelliss founder and Chief Executive Jean-Michel Larre said in a joint statement.
Zinzino, based in Gothenburg, Sweden, sells test-based nutritional supplements and skincare through independent partners.
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