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Rhyz Inc. Acquires Skincare And Beauty Device Company Beautybio

PRIVATEAug 01, 2023

Acquiring Company

Rhyz

Acquired Company

Beauty Device

Health CareFashionBeautyLifestyleHealth CareE CommerceFashionBeautyLifestyleCosmetics

Description

Rhyz Inc., a subsidiary of Nu Skin Enterprises Inc. (NYSE: NUS), today announced the acquisition of BeautyBio, a clean and clinically proven skincare and beauty device brand. Rhyz adds this omnichannel beauty brand to its existing synergistic ecosystem of consumer, technology and manufacturing companies focused on innovation within the beauty, wellness and lifestyle categories.

Quick answer

Rhyz is acquiring Beauty Device and BeautyBio, announced August 1, 2023.

How much did Rhyz pay for Beauty Device?
The deal value was not disclosed.
What does Rhyz do?
Rhyz Inc. is the strategic investment arm of Nu Skin Enterprises Inc. (NYSE: NUS).

Source: Fundz verified event record.

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Company Information

Company

Rhyz

About

Rhyz Inc. is the strategic investment arm of Nu Skin Enterprises Inc. (NYSE: NUS). Formed in 2018, Rhyz is a synergistic ecosystem of consumer, technology and manufacturing companies focused on innovation within the beauty, wellness and lifestyle categories.

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Frequently asked

Who acquired Beauty Device?

Beauty Device was acquired by Rhyz. The deal was reported on August 1, 2023. Rhyz Inc. is the strategic investment arm of Nu Skin Enterprises Inc. (NYSE: NUS). Rhyz is privately held and operates in Health Care.

When did Rhyz acquire Beauty Device?

Rhyz's acquisition of Beauty Device was reported on August 1, 2023. Rhyz Inc., a subsidiary of Nu Skin Enterprises Inc. (NYSE: NUS), today announced the acquisition of BeautyBio, a clean and clinically proven skincare and beauty device brand. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Beauty Device do?

Beauty Device is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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