Zinzino announced its active pursue of acquisitions across the US and Asia to enhance their business strategy for sustainable, profitable growth.
CEO Dag Bergheim Pettersen reveals that their primary targets of interest are focused on increased distribution power, with product portfolios within dietary supplements being an added bonus.
“We are mainly looking to maintain sustainable, profitable growth by accessing new markets to leverage our product portfolio within new consumer areas. This will allow our Partners to keep building locally while growing globally,” said Dag Bergheim Pettersen.
The U.S. is Zinzino’s third largest market today and is also the leading direct sales market in the world, two decisive factors for why Zinzino is now actively looking to gain more traction there. Dag Bergheim Pettersen and his team have not set any specific geographic preferences within the U.S. and are scouting targets on their own, drawing on their large network of contacts without taking financial advice to conduct the search.
Zinzino said they are also looking at expanding to Japan, South Korea, and Indonesia and considering acquisitions in these markets, too.
Zinzino typically finances its’ acquisitions via a combination of upfront and earnout payments, often paying in cash and shares.
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