M&As this week: Dabur, ARIIX Holdings, TSG Consumer

Dabur has reduced its total offer price from R50m ($4.2m) to R42m ($3.5m) for the acquisition of D&A Cosmetics Proprietary and Atlanta Body & Health Products Proprietary.

The original agreement for the acquisition was made in 2017.

Dabur will now acquire D&A Cosmetics and Atlanta Body for around R40.27m ($3.4m) and R1.73m ($146,600) respectively.

The transactions will be completed by Dermoviva Skin Essentials, which is a subsidiary of Dabur.

Based in South Africa, D&A Cosmetics Proprietary and Atlanta Body & Health Products are part-owned by AJ Bodenstein.

D&A Cosmetics is a producer, wholesaler and retailer of personal and haircare products, with sales networks in South Africa, Namibia, Swaziland, Botswana and Lesotho.

Atlanta Body sells its products to salons in South Africa.

ARIIX Holdings and NuCerity International have announced their merger to increase sales globally.

NuCerity products will now be available under the ARIIX House of Brands and its agents will join ARIIX.

ARIIX generated revenue of $178m in 2017.

NuCerity is a network marketing company that creates clinically-tested skincare products. It generated sales of $35m in 2017.

Both the companies involved in the deal are based in the US.

TSG Consumer Partners has completed the acquisition of a minority stake in ZOEVA for an undisclosed sum.

Established in 1987, TSG Consumer is a private equity firm based in the US. It invests in the beauty, e-commerce, fitness, outdoor, food, beverage, household, lifestyle, pets and restaurant businesses.

Founded in 2008, ZOEVA is a Germany-based cosmetic company offering make-up products such as eyeshadows, lipsticks, blushes and highlighters.