Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shivani Kumaresan

Tupperware Brands Divests Nutrimetics Beauty Business For Undisclosed Sum

  • Tupperware Brands Corp (NYSE:TUP) has agreed to sell its Nutrimetics beauty business, which operates in Australia, New Zealand, and France.
  • Terms of the transaction, including the anticipated closing date, have not been disclosed.
  • The deal is a part of Tupperware's turnaround plan strategy of divesting non-core assets.
  • The sale follows the company's sale of its Avroy Shlain beauty business in Q1 2021 and House of Fuller beauty business in Q2 2022.
  • Price Action: TUP shares are trading higher by 0.99% at $6.37 on the last check Tuesday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.