Nature's Sunshine Acquires WorldWide Financial Holdings

PROVO, Utah--Nature's Sunshine Products Inc. announced Nov. 2 that it made an agreement to acquire WorldWide Financial Holdings Inc., a wholly owned subsidiary of Synergy WorldWide Inc. The deal encompassed all assets, including WorldWide's operating business, for approximately $4.7 million in cash.

According to Nature's Sunshine, it will sell WorldWide products along with its line, except for the skin care products, which will be contracted out to be manufactured. Nature's Sunshine also stated that this purchase will double the size of its current operations in Japan. Nature's Sunshine also has exclusive distribution agreements with selected companies in Australia, New Zealand, Malaysia and Norway. For additional information, visit www.naturessunshineproducts.com.