Tupperware Brands to Sell its Nutrimetics Beauty Business.

MANews-(C)2009-2022

US-based consumer products company Tupperware Brands Corp. (NYSE: TUP) has entered into a definitive agreement for the sale of its Nutrimetics beauty business, which operates in Australia, New Zealand, and France, the company said.

This transaction advances the company's turnaround plan strategy of divesting non-core assets.

Terms of the transaction, including the anticipated closing date, have not been disclosed.

The sale of the Nutrimetics beauty business follows the company's sale of its Avroy Shlain beauty business in South Africa during 1Q21, and the sale of its House of Fuller beauty business in Mexico during 2Q22.

Tupperware Brands Corp. (NYSE: TUP) is a global consumer products...

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