Betterware de México, S.A.P.I. de C.V. signed a definitive agreement to acquire Operations in Latin America of Tupperware Brands Corporation for $250 million.
Betterware de México, S.A.P.I. de C.V. (NYSE:BWMX) signed a definitive agreement to acquire Operations in Latin America of Tupperware Brands Corporation for $250 million on January 19, 2026. A cash consideration of $215 million will be paid by Betterware de México, S.A.P.I. de C.V. The consideration consists of common equity of Betterware de México, S.A.P.I. de C.V. to be issued for assets of Operations in Latin America of Tupperware Brands Corporation. As part of consideration, $215 million is paid towards assets of Operations in Latin America of Tupperware Brands Corporation.
The closing of the transaction is subject to certain closing conditions, including the approvals of Betterware shareholders and country regulators, and to certain termination provisions under the agreement.
DD3 Capital Partners and Ankura Consulting Group, LLC served as financial and operational advisor and Demarest Advogados and Greenberg Traurig Mexico, LLP acted as legal advisor to Betterware de México, S.A.P.I. de C.V. Dechert LLP and Creel, García-Cuéllar, Aiza y Enríquez, S.C. served as legal advisors to Party Products, LLC.
Betterware de Mexico, S.A.B. DE C.V.. is a Mexico-based company that sells household appliances through an online portal. The Company operates through a Catalogue that shows the different retail household products that it comprises,including kitchen appliances, garden tools, and everyday accesories among other categories. The Company operates accross all of the Mexican states as Betterware's products reach every city in Mexico due to the strategic position of their production plant.
Betterware de México, S.A.P.I. de C.V. signed a definitive agreement to acquire Operations in Latin America of Tupperware Brands Corporation for $250 million.
