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Zinzino buys Uzesta assets to expand Asian distribution

Swedish health-products company Zinzino is acquiring distributor and customer databases, inventory and intellectual property from US-based Uzesta through Asian subsidiaries. The agreement requires 800,000 dollars in cash at closing and 400,000 dollars in deferred consideration. Up to 6 million dollars more depends on future sales, with most of that additional payment made in new shares.

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A worker checks cartons of acquired inventory in a Taipei stockroom.

Customer and distributor databases change hands

Zinzino, a Swedish company selling health products directly to customers, is acquiring selected assets of US-based direct seller Uzesta. The transfer covers the distributor database, associated customer records, inventory and intellectual property rights. The transaction is being carried out through subsidiaries in Taiwan, Hong Kong and Thailand, extending the reach of Zinzino’s Asia Pacific distribution operations.[1], [2]

Uzesta operates in Taiwan, Malaysia, Hong Kong and Thailand. Its health and wellness business generates approximately 4 million dollars in annual global revenue, according to Zinzino. Uzesta co-founder Dan Zhu said his company’s product range, which uses liposomal technology, would complement Zinzino’s test-based products. The combined portfolio is part of the companies’ plan to bring their existing offerings to the wider sales network.[1]

Sales determine most of the potential payment

The fixed cash payment due when the transaction closes is 800,000 dollars. A further 400,000 dollars is fixed deferred consideration. The agreement also allows additional payments of up to 6 million dollars linked to future sales performance. Finwire reported a maximum total consideration of 7.2 million dollars when all those components are included. Zinzino said 91 per cent of the additional consideration would be settled with newly issued company shares. The cash component is to be funded from existing cash reserves.[1], [2]

Regional offices support the expansion plan

Management plans to combine the acquired network with Zinzino’s technical infrastructure, marketing organization and regional offices in Kuala Lumpur, Malaysia, and Taipei, Taiwan. It expects those resources to support cost-effective expansion and gradually improve profitability in the acquired operation. Chief executive Dag Bergheim Pettersen linked the transaction to the company’s plans for personalized advice and direct sales.[1]

The acquisition follows a series of earlier deals: VMA Life in 2020, Enhanzz in 2022, Xelliss in 2024 and Zurvita in 2025. Zinzino also cited Sanki and ITWorks transactions in 2026. The company described expanding distribution, entering additional markets and bringing its product portfolio to new customer groups as aims of that acquisition strategy.[1]

References

  1. News sourceZinzinoZinzino acquires Uzesta distribution assets↩1↩2↩3↩4↩5
  2. News sourceFinwire / BörsvärldenZinzino acquires Uzesta distribution assets↩1↩2