KV Asia Capital invests in a significant equity stake in DXN Holdings Berhad, a global health focused supplements and fortified beverage manufacturer headquartered in Malaysia
Malaysia, 12 May 2017 – Private equity firm KV Asia Capital (“KV Asia”), through its related investment vehicle Gano Global Supplements Pte Ltd has acquired a significant equity stake in DXN Holdings Berhad (“DXN”).
Founded in 1993, DXN Holdings Bhd. (Registration number: 363120-V) is involved in the R&D, cultivation and manufacturing of health supplements, fortified beverages, household and cosmetic products. DXN has built a strong position in select emerging markets in Asia, Middle East and LATAM. DXN markets its products globally through a direct sales model, with over 6 million registered members. The company was recently ranked within the top 25 largest direct selling companies in 2016 (Source: Direct Selling News – Global 100)”