Zinzino acquires assets in Xelliss - strategic reinforcement in southern Europe and in the microalgae spirulina
Acquiring Company
Zinzino AB (publ)
Acquired Company
Xellis
Västra Frölunda
LuxembourgBiotechnologyHealth CareDietary SupplementsNutritionBiotechnologyHealth CareDietary SupplementsNutritionDescription
Zinzino, the global health and wellness brand, has acquired the rights to the distributor database, associated customer register, inventory, and intellectual property of Xelliss, a Luxembourg-based direct sales company. This acquisition is a strategic reinforcement in southern Europe and in the microalgae spirulina, aligning with Zinzino's growth plans and their focus on improving personal health and well-being on a global level.
Quick answer
Zinzino AB (publ) is acquiring Xellis, announced May 12, 2024. Zinzino AB (publ) is based in Västra Frölunda, Västra Götaland County, Sweden.
- How much did Zinzino AB (publ) pay for Xellis?
- The deal value was not disclosed.
- What does Zinzino AB (publ) do?
- Zinzino AB (publ) is a global company in direct sales that specializes in improving personal health and wellness through innovative biotechnology and a groundbreaking product portfolio marketed through direct sales.
- Where are Zinzino AB (publ) and Xellis based?
- Zinzino AB (publ) is based in Västra Frölunda, Västra Götaland County, Sweden. Xellis is based in Luxembourg.
- Who are the decision-makers at Zinzino AB (publ)?
- Fundz holds 2 contacts at Zinzino AB (publ). Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Xellis?
Xellis was acquired by Zinzino AB (publ), based in Västra Frölunda. The deal was reported on May 12, 2024. Zinzino AB (publ) is a global company in direct sales that specializes in improving personal health and wellness through innovative biotechnology and a groundbreaking product portfolio marketed through direct sales. Zinzino AB (publ) is privately held and operates in Biotechnology.
When did Zinzino AB (publ) acquire Xellis?
Zinzino AB (publ)'s acquisition of Xellis was reported on May 12, 2024. Zinzino, the global health and wellness brand, has acquired the rights to the distributor database, associated customer register, inventory, and intellectual property of Xelliss, a Luxembourg-based direct sales company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Xellis do?
Xelliss offers a range of natural and innovative products in the fields of well-being, nutrition and cosmetics, based on spirulina. It is privately held, operating in Biotechnology, and is based in Luxembourg.
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