Natura &Co has finalized the sale of Avon International to Regent LP, an investment firm based in the US. Natura will retain its ownership of Avon’s Latin American operations. This deal also does not pertain to Avon’s operations in Russia.
This follows Natura & Co’s recent restructuring proposal to integrate into its Natura Cosmeticos subsidiary, a plan that would make Natura Cosmeticos the parent company. This move, as well as the recent deal, are part of a strategic move to create a streamlined structure for the company.
Direct Selling News will provide more updates and details as they become available.
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