Betterware Completes $250 Million Purchase of Tupperware’s Latin American Operations
The deal gives BeFra a perpetual, royalty-free license to the Tupperware name plus factories and a large distributor network that broaden its footprint in Mexico, Brazil and the region.
Overview
- BeFra finalized the acquisition in early June 2026, buying 100% of Tupperware’s Latin American business for $250 million in a deal first announced in January.
- The purchase was paid with $215 million in cash financed with debt and $35 million in newly issued BeFra shares, changing the buyer’s capital structure.
- The transaction transfers an integrated platform — production plants in Mexico and Brazil, distribution assets, more than 140 distributors and over 200,000 independent sales representatives — to BeFra.
- As part of the agreement BeFra received a perpetual, exclusive and royalty-free license to use the Tupperware brand across Latin America and will run the operations as an independent unit led by CEO Andrés Campos with advisory support from Luis Campos.
- BeFra reported that the acquired business posted 2025 revenues of $270 million and adjusted EBITDA of $82 million, and the sale follows Tupperware Brands’ Chapter 11 filing in September 2024 that set up regional asset sales.