Univera Announces Acquisition of Multinational Brand Matol: History-Making Alignment Will Support Aggressive Global Growth

by louabbott on January 12, 2009

PRWeb – January 12, 2009

Univera, Inc., a Washington state-based pioneer in the development and distribution of scientifically-validated and vertically-integrated natural health products through a relationship marketing model (“MLM”), announced today that it has entered into a binding agreement to acquire specific assets and the distributor network of Canada-based Matol Botanical International Ltd.

Univera, Inc., a Washington state-based pioneer in the development and distribution of scientifically-validated and vertically-integrated natural health products through a relationship marketing model (“MLM”), announced this week that it has entered into a binding agreement to acquire specific assets and the distributor network of Canada-based Matol Botanical International Ltd. Matol, the oldest private MLM company in Canada, is a direct seller of health and diet nutritional supplements, with consumers in Canada, the United States and a number of overseas countries. Matol celebrates the 25th anniversary of its founding in 2009. Aligning the best of Matol and Univera for product integration and international expansion will provide new and exciting opportunities for the expanded Univera distributor network.

Stuart Ochiltree, Vice Chairman and CEO of ECONET, Inc., Univera’s parent company, stated, “During a time at which many companies are contracting, the ECONET and Univera have the strategic and financial resources to seek aggressive growth opportunities. The transaction represents the unification of two great companies with a longstanding history of solid product and business performance–coupled with a desire to be a part of the life changing vision that exists at Univera.”

The acquisition brings significant advantages to both companies. For Matol, its base of strong distributors can take advantage of the deep and complex resources of Univera and the ECONET family of companies in bringing health to the world naturally and sustainably. Matol distributors are widely respected for their serious and committed approach to “Impacting World Health”. Both companies share similar visions in providing health and financial opportunities, as well as a sense of community, to its distributors and customers. Matol distributors seeking a bold, sustainable vision, such as Univera’s drive to “bring the best of nature to mankind,” will find that their own goals align seamlessly with those of the ECONET and Univera’s existing distributors.

Read the entire article at PRWeb

Also, read our company overview:  Univera Facts, News and Review

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