Beauty Industry

Modere Acquires SAVI Health

The beauty and wellness retailer is getting into nutritional supplements.

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By: Marie Redding

Senior Editor

Modere, an online retailer that focuses on beauty and wellness, has entered into a definitive agreement to acquire the assets of the nutritional supplement company, SAVI Health International, LLC.

Modere, a portfolio company of Z Capital Partners, L.L.C., the private equity management arm of Z Capital Group, offers products for beauty, personal care, health, wellness and household, which are distributed through an innovative “social retail” model.

Robert Conlee, CEO, Modere, said: “We are thrilled to combine SAVI’s proprietary nutritional products with Modere’s exceptional portfolio of complementary offerings. SAVI’s strong science-based research and proven formulations fully align with Modere’s ‘Live Clean’ brand philosophy and strict ingredient safety standards. We look forward to leveraging Modere’s social retail model and network of marketers to expand opportunities for SAVI’s distributors and support the long-term, global growth of our brands.”

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