On December 14, 2017 Tupperware Brands Corporation (NYSE: TUP) and Youngevity International, Inc. (NASDAQ: YGYI) announced that they have reached an agreement whereby Tupperware Brands will sell Beauticontrol assets to Youngevity. As part of the deal, Youngevity will integrate Beauticontrol’s sales force into its company. Youngevity will also market Beauticontrol branded products to its existing member base. Tupperware will earn a royalty based on future sales of the Beauticontrol sales force, and sales of the Beauticontrol product line by the existing Youngevity members.
Read the full Press Release.
