I’d initially meant to cowl NewAge Drinks’ acquisition of Ariix after reviewing Zennoa.
Zennoa got here up for evaluate as we speak, just for me to find I’d beforehand reviewed the corporate.
Final month Ariix introduced it was “partnering” with NewAge Drinks Company.
A press-release nevertheless reveals NewAge has wholly acquired Ariix, together with Ariix’s personal acquisitions over the previous couple of years.
NewAge Drinks Company owns Noni by NewAge, previously Tahitian Noni.
As per Ariix’s press-release FAQs;
NewAge Drinks Company, the Colorado-based wholesome and natural merchandise firm, signed an definitive settlement to accumulate ARIIX together with the opposite corporations that ARIIX has lately partnered with (Zennoa, Indonesian-based Shannen World, LIMU, and DNA Wellness agency, MaVie).
Each ARIIX and Noni by NewAge will ultimately share sources, belongings and amenities.
The important thing leaders that you recognize and belief as we speak are nonetheless going to be the leaders you recognize and belief tomorrow.
The corporate id that you’re affiliated with will proceed on this partnership. Every firm’s id stays the identical.
Along with Zennoa, Limu and MaVie, Ariix has additionally acquired Asantae in 2015 and NuCerity in 2018. There may be others I missed.
All in all NewAge Drinks Corp is now forecasting over half a billion in annual income. I don’t know whether or not the gross sales are there however they’ve now positively obtained greater than sufficient MLM manufacturers below their belt.
Replace September 2nd, 2022 – NewAge has filed for Chapter 11 chapter.