Parent Company of Arbonne International Recognized for Successful Corporate Turnaround in 2010

EON:

Arbonne International, LLC (Arbonne), today announced that its parent company, Natural Products Group (NPG or the Company), has been named the winner of the top “Corporate Turnaround of the Year” award in the Upper Middle Market category from M&A Advisor magazine, based on nominations provided by leading restructuring and turnaround professionals. M&A Advisor announced the winners of the 2011 Turnaround Awards at the 5th Annual Turnaround Awards Gala in March.

In early 2010, NPG successfully implemented a “pre-packaged” debt restructuring plan in 37 days, from start to finish. The Company emerged from that process with 80 percent less debt, a stronger balance sheet and the financial flexibility to invest in growth and continue developing new business-building tools and innovative products for Arbonne and its sister company, Levlad. The Company also emerged with the backing of a new set of owners who believe strongly in its value and growth potential.

Kay Napier, Chief Executive Officer, said, “We are pleased that the many contributions of our employees and Arbonne Independent Consultants in helping us achieve our successful financial restructuring have been recognized by the business community. As this prestigious award indicates, there is so much for us to be proud of as we look back at our recent past – and so much more for us to be excited about as we build on our recent momentum and look to the bright future ahead.”

Logo from Arbonne

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