NEW YORK — Natura &Co said Tuesday, concurrent with the release of second-quarter results, that its Avon International business is for sale.
“Strategic alternatives for Avon International continue to progress, and all necessary requirements were met to classify the business unit as an asset held for sale,” Natura &Co said in a statement.
Avon Central America and the Dominican Republic, which formerly was under Natura &Co Latam, has been reclassified as an asset for sale, as well.
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Natura &Co has — on and off — been exploring options for Avon’s international business. In late February the group said it was holding negotiations with IG4 Capital for the potential sale of Avon’s operations outside of Latin America. The company had published a securities filing responding to news on the magazine Exame’s website.
On Dec. 4, 2024, Natura &Co said it had resumed studies of strategic alternatives for Avon’s international business, and that the possibilities included a sale, a partnership or a spinoff.
For the second quarter of 2025, Natura &Co posted a net profit of 195 million Brazilian reals, or $36.1 million, versus a net loss of 859 million reals in the same prior-year period. That came on net sales of 5.69 billion reals for the three months ended June 30, which declined 1.7 percent on a local-currency basis and were up 5.5 percent in constant-currency terms.
“Natura’s streamlining efforts advanced in Q2-25,” Natura &Co said.
On July 1, the group said the merger between Natura &Co into Natura Cosméticos SA was complete. At the same time, final simplifications were made to the company’s holding structure whereby teams were only retained with responsibilities not already absorbed by the Latam organization, such as the board of directors and investor relations.
“In summary, this objectively means that from now on, our continuing operations, including the P&L, cash flow and balance sheet, exclusively reflect the remaining corporate structure and Natura &Co Latam business,” Natura &Co said.
