YGYI - Youngevity International Acquires Khrysos Global For Hemp Processing
Quick Take
Youngevity International (YGYI) announced the acquisition of Khrysos Global for $16 million.
Khrysos Global provides end-to-end processing services for hemp products.
YGYI is gaining processing and testing capabilities that it can use in its existing operations as well as offer to other hemp retailers in North America.
Target Company
Mascotte, Florida-based Khrysos Global was founded in 2015 to provide solutions that service the hemp-CBD oil, isolate, and distillate industries from the field through finished product. Management is headed by Founder and President Dwayne Dundore.
Khrysos Global's primary offerings include:
- Installation