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Univera Announces Acquisition of Multinational Brand
Matol
History Making Alignment Will Support Aggressive Global Growth
LACEY,
Wash. (January 9, 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. 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.
Matol
was officially launched in 1984 by J. F. Robert Bolduc, the company's
Co-Founder, Chairman and Chief Executive Officer. Bolduc will oversee
the full integration of Matol’s distributor network into the Univera
distributor network and will maximize Matol’s current extensive
international business. “I have been actively searching for a
strategic relationship that would allow Matol’s distributors to
become part of a growth company with a compatible corporate culture
and a shared-value base. I believe that Univera is a perfect fit for
Matol and its tradition of high standards and ethics,” said J.F.
Robert Bolduc.
For
Univera, the incorporation of Matol's resources in Canada, including a
top-notch distribution facility and offices in Montreal, would allow for
improved and more efficient processing of transactions with Univera Canada
distributors. The acquisition also brings a complementary line of well-established
products that could be added to Univera's dynamic family of products in
the future.
"With per capita
revenues from Univera Canada exceeding that of the United States, having
these resources – including an active Health Canada site license
– will help us better serve the Canadian marketplace," Univera
CEO Regan Miles said. "Matol's established international resources
and infrastructure support tools will help poise Univera to more effectively
and more quickly take advantage of international expansion opportunities,"
Miles said.
Univera
not only provides the strongest, most lucrative compensation plan in
the industry, with innovative, natural products developed through pharmaceutical-grade
science; it continues to aggressively move towards its vision to bring
the best of nature to mankind by actively seeking out and maximizing
expansion opportunities. This acquisition will provide independent distributors
across North America additional opportunities to live and achieve their
hopes and dreams in the ever expanding field of relationship marketing.
With guidance from Founder Bill Lee, ECONET and Univera
operate on a long-term, 100-year plan for growth, sustainability, and
expansion, ensuring that distributors can be successful in the short term,
as well as for decades to come.
About
Matol
For 25 years, Matol (www.matol.com)
has been one of the most driven and singular companies in the MLM industry
through its mission to “Impact World Health” and “Give
& Receive” philosophy. Matol provides high quality health
solutions through products including Matol®/Km®, its Biomune
immunotherapy products, its PureCardio® Cardiovascular line, as
well as the Matol Diet line of weight management foods and its many
other nutraceutical products. The products are made following high pharmaceutical
standards (GMP, GLP) in a 25,000-square-foot state-of-the-art manufacturing
facility which is also set up with microbiology, chemistry, and phytochemistry
laboratories. The company, headquartered in Quebec, Canada with distribution
centers in Virginia, and Montreal, is a leading producer of diet and
nutritional supplements that uses a direct selling model to distribute
its products.
About
Univera®
Univera, Inc. (www.univera.com)
is the world’s leading cell renewal-focused relationship marketing
company offering life-changing nutrition products and unparalleled home-business
opportunity for nearly 100,000 people currently in North America. Science-based
with full-scale genomic and biological research capabilities, the company
sets the standard for excellence in advanced research, technology and
manufacturing capabilities. Univera is part of the ECONET global family
of health and natural product companies which have operations in the
United States, Canada, Korea, Mexico, Russia and China. The company
will celebrate its 10-year anniversary in 2009 with plans to expand
operations into Australia and New Zealand.
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this growing company NOW !
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