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Betterware de Mexico has signed a definitive agreement to acquire 100% of Jafra's operations in Mexico and the United States from the Vorwerk Group for $255 million. The deal expands Betterware into beauty and the US market.
German-based Vorwerk Group acquired Neato Robotics, a leader in smart home robots. Terms were not disclosed. Neato will operate as a wholly owned independent business unit.