Rhyz completed the acquisition of BeautyBio from Kainos Capital.

Rhyz, the strategic investment arm of Nu Skin, completed the acquisition of BeautyBio, a clean and clinically proven skincare and beauty device brand, from Kainos Capital, a private equity firm. Financial terms were not disclosed. "BeautyBio's commitment to beauty through innovation aligns with our vision for personalized, science-based skincare products and beauty device systems. BeautyBio's unique device IP in hydration facial and micro-needling technology will further strengthen Nu Skin's position as the world's best-selling beauty device systems brand. For BeautyBio, our unique expertise in devices, manufacturing and technology will help this business reach its potential as part of the Rhyz ecosystem," Ryan Napierski, Nu Skin President and CEO.