02.02.18
Groupe Rocher has entered into a definitive agreement to acquire Arbonne International, the US-based botanically based beauty, personal care and nutrition products company. The deal also includes Nature’s Gate, the personal care brand that is owned by Arbonne’s holding company, Natural Products Group (NPG).
Arbonne, founded in Switzerland in 1975, is a global business with sales revenue in excess of $550 million. It has one production site and four integrated distribution sites and operates with a direct selling model.
It has approximately 800 employees and more than 250,000 active independent consultants selling product in the in the United States, Canada, United Kingdom, Australia, New Zealand, Taiwan and Poland.
"This acquisition will be a real asset that will enable us to strengthen our positioning in the direct selling channel, which has seen an upturn over the past few years. We also have a heritage of providing employment opportunities —dating back to my grandfather, our founder, Yves Rocher, who cared deeply about providing employment since he started his business. This, combined with our direct selling know-how, should foster company growth and longevity,” said Bris Rocher, CEO of Groupe Rocher.
Kay Zanotti, CEO of Arbonne, added, "We share with Groupe Rocher commitments to pure, botanically based products and sustainability, as well as a long-term business vision that is grounded in family values. We are particularly pleased with Groupe Rocher's keen appreciation of the many benefits of the direct selling model in providing flexible income opportunities, and a positive community of professional growth for individuals."
Arbonne, founded in Switzerland in 1975, is a global business with sales revenue in excess of $550 million. It has one production site and four integrated distribution sites and operates with a direct selling model.
It has approximately 800 employees and more than 250,000 active independent consultants selling product in the in the United States, Canada, United Kingdom, Australia, New Zealand, Taiwan and Poland.
"This acquisition will be a real asset that will enable us to strengthen our positioning in the direct selling channel, which has seen an upturn over the past few years. We also have a heritage of providing employment opportunities —dating back to my grandfather, our founder, Yves Rocher, who cared deeply about providing employment since he started his business. This, combined with our direct selling know-how, should foster company growth and longevity,” said Bris Rocher, CEO of Groupe Rocher.
Kay Zanotti, CEO of Arbonne, added, "We share with Groupe Rocher commitments to pure, botanically based products and sustainability, as well as a long-term business vision that is grounded in family values. We are particularly pleased with Groupe Rocher's keen appreciation of the many benefits of the direct selling model in providing flexible income opportunities, and a positive community of professional growth for individuals."