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Herbalife to Acquire Assets of Pro2col Health, Pruvit Ventures, and Controlling Ownership Interest in Link BioSciences

Mar 12, 20254 months ago

Contract Type

partnership

Los AngelesNutritionDietary SupplementsFitnessWellnessHealth Care

Description

Herbalife Ltd. has entered into a binding memorandum of understanding to acquire 100% of the assets of Pro2col Health LLC and Pruvit Ventures, Inc., as well as a 51% controlling ownership interest in Link BioSciences Inc. This acquisition will provide Herbalife with unique opportunities to expand their customer base through a personalized health, wellness, and nutrition platform.

Company Information

Company

Herbalife Ltd

Location

Los Angeles, California, United States

About

Herbalife is a premier health and wellness company and community that has been changing people’s lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed products to consumers in more than 90 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle to live their best life.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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