Neora announced the acquisition of ACN Korea, a prominent player in Korea’s direct sales sector. This strategic move marks a significant milestone in Neora’s ongoing expansion across the Asia Pacific region.
ACN Korea, known as the sole provider of direct sales telecommunications and essential services in Korea, has been a Top 20 company in its sector. This acquisition brings together Neora’s innovative product range and ACN Korea’s unique market position, creating an unmatched platform for entrepreneurial growth in direct sales.
“Coming together, we are set to unleash an unparalleled synergy, combining our unique strengths to foster growth and opportunities, not only across Korea but throughout Asia,” said Robert Stevanovski, Chairman and Co-Founder of ACN.
Jeff Olson, Founder and CEO of Neora, commented, “I am thrilled to welcome ACN Korea into the Neora family. The ACN team has built an impressive legacy, and our shared commitment of ‘Making People Better’ aligns perfectly with our global mission.”
The integration process will see both companies coming together under the Neora brand. This transition underscores Neora’s dedication to fostering innovation, growth, and success in the Korean and broader Asia Pacific markets, the company said.