Zinzino Acquires Uzesta Assets to Expand APAC Distribution
Zinzino acquired rights to Uzesta’s distributor database, customer records, inventory and intellectual property through subsidiaries in Taiwan, Hong Kong and Thailand.
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03:05:53 PM UTC
SquawkNews
Zinzino acquired Uzesta assets, including its distributor database, customer records, inventory and intellectual property. Uzesta generates approximately $4.0M in annual revenue; consideration includes $0.8M cash at closing, $0.4M deferred and up to $6.0M based on future sales.Material DetailsConte…
Zinzino has today, through an asset acquisition, acquired the rights to the distributor database and associated customer records, inventory, and intellectual property rights of the U.S.-based direct-selling company Uzesta Global LLC through the company's subsidiaries in Taiwan, Hong Kong, and Thail…