NewAge to acquire ARIIX and four other e-commerce firms.

New Age Beverages, an omni-channel Colorado-based healthy and organic products company, agreed to acquire ARIIX and four other e-commerce firms Zennoa, LIMU, MaVie, and Shannen for $210m. "We are very excited that these companies are coming together to create a powerful global enterprise with tremendous growth potential. We will have the team, the scale, the profitability, the brands, and the reach to drive superior growth and return for shareholders and all of our valued independent representatives and consultants worldwide. We believe we are well positioned in this new business environment with more than 80% of products ordered and fulfilled online and delivered direct to consumers’ homes across now more than 75 countries, and expect to continue to be a disruptive force creating the first omni-channel company in the industry,” Brent Willis, NewAge CEO.