By Brazil Stock Guide – Natura Cosméticos S.A. (B3: NTCO3; NYSE: NTCO) said it signed a binding agreement to sell its Avon operations in Central America and the Dominican Republic (“Avon CARD”) to Grupo PDC, a consumer goods company with operations in Central America and Peru.
The transaction values Avon CARD at a nominal $1, along with a $22 million receivable owed by Avon Guatemala to Natura’s Mexican subsidiary, payable at closing.
As part of the deal, Natura will continue supplying finished products to Avon CARD and will also license the Avon brand in the region, ensuring brand continuity and access to its product portfolio.
“The sale marks an important step in our efforts to simplify operations and sharpen our focus on Latin America, where the integration of Natura and Avon continues to advance,” the company said in a statement.
Closing of the transaction is subject to a corporate reorganization of the local entities that make up Avon CARD and is expected by October 30, 2025, though it may occur earlier.
The company reiterated that it continues to explore strategic alternatives for the broader Avon International business, which has been classified as held-for-sale since its second-quarter 2025 earnings release.