Betterware de Mexico Unveils Acquisition Plans for Tupperware LatAm Operations
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Betterware de Mexico SAPI de CV's BeFra Group has agreed to acquire Tupperware’s Latin American operations for US$250 million, comprising US$215 million in cash and US$35 million in shares. The deal includes operations in Mexico and Brazil, granting BeFra a perpetual, royalty-free license for the Tupperware brand, effective in Argentina from September 2026. This acquisition is projected to increase BeFra’s leverage from 1.6x to 1.9x Net Debt/EBITDA by 2025. The transaction awaits antitrust and regulatory approvals in Mexico.
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