Zilis LLC, a CBD industry leader, has announced an acquisition of Zrii LLC, an international company that specializes in nutrition, skincare, and personal care products with distribution in multiple countries throughout Latin America. Zilis’ Latin American headquarters will be located in Bogota, Colombia.
The acquisition marks the company’s expansion into Latin America, a lucrative CBD market that is projected to experience 1000% growth in the next several years.
Steven Thompson, CEO, and Founder of Zilis explained the impact of the acquisition,
“Zrii has made a significant investment in building a robust infrastructure throughout Latin America. By adding the Zrii platform to Zilis, we will collapse the timeframes normally required for this type of aggressive expansion by multiple years, thereby providing our Independent Ambassadors the opportunity to develop their organizations throughout the region. We’re extremely enthusiastic about the possibilities this acquisition presents, and I am excited to welcome the entire Zrii organization to the Zilis family.”
Zrii Founder, William Farley, stated the uniqueness of the combination,
“I have called Steven Thompson a dear friend for many years. He and I have a long business relationship spanning over ten years. He is a visionary who has accomplished great things in the direct sales industry, both in the field and corporate side of the industry fence. I have no doubt that under Steven’s leadership a great opportunity will be available for the Zrii team in Latin America, Europe, and the United States.”
As a result of the Zrii acquisition, Zilis will instantly expand operations into Colombia, Costa Rica, Ecuador, Guatemala, Mexico, Panama, and Peru. In addition to its strong market position in the United States and Latin America, Zilis recently expanded into the European market and now has a presence in more than 20 European countries.
About Zilis LLC
As a hybrid social marketing company focused on endocannabinoid system health, Zilis is the creator of hemp-derived products including UltraCell, UltraCell Topical, UltraCell Powder, UltraCell Pet, UltraCBG, UltraBliss, UltraR&R, and UltraReVV, and hemp-free products including a line of boosters to support specific areas of wellness, and their UltraSupport line of health supplements. Zilis trusts its distributed workforce of Independent Ambassadors to sell its products to customers either independently or through their Ambassador retail business. Based in Argyle, Texas, a suburb of Dallas-Ft. Worth, Zilis is privately held.
About Zrii LLC
Founded in 2008 by legendary entrepreneur Bill Farley, Zrii is a recognized Direct Selling leader throughout Central and South America. Zrii has offices in Colombia, Peru, Ecuador, Panama, Costa Rica, and Guatemala.
Get more information, facts and figures about Zilis, click here for the Zilis overview.