Company News, Financial News

Betterware To Acquire Beauty Brand Jafra’s Operations in Mexico and the US

Vorwek Group sells 100% of the direct-seller.

Author Image

By: Christine Esposito

Editor-in-Chief

Betterware de Mexico S.A.P.I. de C.V. has signed a definitive agreement to acquire 100% of Jafra’s operations in Mexico and the US from the Vorwerk Group of Germany for a total cash consideration of $255 million. The transaction is expected to close in the first half of 2022, subject to antitrust and regulatory approval in Mexico. Jafra, which was ranked No. 21 in Happi’s 2021 Top 50, has approximately 443K independent leaders and consultants selling products that include cosmetics, skinca...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters