On the Record · Avon Products
Avon Products acquisitions, on the record
The businesses Avon Products bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Natura Cosméticos S.A.Word for word“In May 2019 we and Natura Cosméticos S.A., a Brazilian corporation (sociedade anônima) ("Natura Cosméticos"), entered into an Agreement and Plan of Mergers (the "Merger Agreement"), pursuant to which the Company and Natura Cosméticos were acquired by and became wholly-owned subsidiaries of Natura &Co, Holding S.A., a Brazilian corporation (sociedade anônima) ("Natura &Co") in January 2020.” 10-K for 2020 | merger | January 2020 | — |
New Avon (North America business separation)Word for word“In August 2019 we and Cerberus finalized the sale of our respective interests in New Avon to LG Household & Health Care Ltd. 8” 10-K for 2020 | agreed divestiture | August 2019 | — |
Maximin Corporation Sdn BhdWord for word“In February, May and June 2019, we completed the sale of Avon Manufacturing (Guangzhou), Ltd, Maximin Corporation Sdn Bhd ("Malaysia Maximin") and the Rye office, respectively.” 10-K for 2020 | divestiture | — | — |
Rye officeWord for word“On June 26, 2019, we completed the sale of the Rye office for a selling price of $ 23.2 , less expenses of approximately $ .8 , resulting in proceeds of $ 22.4 .” 10-K for 2020 | divestiture | — | — |
Hungary distribution center in GödöllőWord for word“In April 2020, we signed an agreement to sell the Hungary Distribution Center in Gödöllő for a selling price of $ 3.4 and received a deposit of $ .3 .” 10-K for 2020 | divestiture | — | — |
China Wellness PlantWord for word“In August 2020, we completed the sale of the China Wellness Plant and $ 3.3 of restricted cash in escrow was transferred to Avon.” 10-K for 2020 | divestiture | August 2020 | — |
Cosmetics Manufacturing Operation in IndiaWord for word“On November 17, 2021, the Company completed the sale of the business and assets of the Cosmetics Manufacturing Operation in India for a total selling price of $ 2.9 , the proceeds of which are presented as investing activities in the Consolidated Statement of Cash Flows.” 10-K for 2021 | divestiture | On November 17, 2021 | $ 2.9 |
Spanish Distribution CenterWord for word“In September 2021, we completed the sale of our Spanish Distribution Center for a total selling price of $ 14.7 , the proceeds of which are presented as investing activities in the Consolidated Statement of Cash Flows.” 10-K for 2021 | divestiture | In September 2021 | $ 14.7 |
New Avon (19.9% ownership interest)Word for word“In April 2019, we signed an agreement with LG Household & Health Care Ltd. to sell our 19.9 % ownership interest in New Avon, which was completed during August 2019.” 10-K for 2021 | divestiture | During August 2019 | — |
| Fiscal year ended | Cash received from selling businesses |
|---|---|
| 2017-12-31 | $0 |
| 2018-12-31 | $0 |
| 2019-12-31 | $99.9 million |
| 2020-12-31 | $11.3 million |
| 2021-12-31 | $16.9 million |
| 2022-12-31 | $0 |
Deal filings since 2016
- 2022-07-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-05-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-01-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-11-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-05-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-02-22 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-02-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-01-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from Avon Products’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-03-14. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.