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Neora Acquires ACN Korea, Marking a New Chapter in Asia Pacific Expansion

Jan 25, 2024•over 1 year ago

Acquiring Company

Neora

Acquired Company

ACN

Farmers BranchConcordPersonal Care ServicesMessaging And Telecommunications

Description

Neora, LLC, a global leader in science-driven skincare and wellness products, has acquired ACN Korea, a prominent player in Korea's direct sales sector. This strategic move marks a significant milestone in Neora's ongoing expansion across the Asia Pacific region, creating an unmatched platform for entrepreneurial growth in direct sales.

Company Information

Company

Neora

Location

Farmers Branch, Texas, United States

About

Neora is a global leader in the anti-aging skincare, wellness, hair care and weight management markets. While we honor the natural aging process, we also know letting the years go by gracefully can portray a different picture on the outside than what you feel inside. Our mission is to develop clean, holistic products that deliver Real Results as well as career opportunities that empower men and women to project the confidence and independence that radiates from within. Because our best-in-class products and ingredients are only available from Neora, we have a unique opportunity for people to become Brand Partners to share Neora’s products with others. We are a passionate, supportive group of positive innovators, game-changers and dream chasers who are dedicated to Make People Better. We are passionate about giving back to the communities we serve. Over $6 million has been raised by the Neora Ripple Foundation to help improve people’s lives worldwide through Big Brothers Big Sisters and World Vision.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed