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Z Capital Partners Becomes Majority Controlling Shareholder of Neways
SPRINGVILLE, Utah, July 12, 2013 -- Neways Enterprises ("Neways" or the "Company"), a worldwide leader in healthy and effective personal care, household, and health & wellness products, today announced that Z Capital Partners, L.L.C. ("Z Capital") has acquired the minority ownership stake of Neways from funds associated with S.A.C. Capital Advisors. As a result of this transaction, Z Capital is n...
Neways Enterprises Appoints Robert S Conlee as CEO and Chairman
SPRINGVILLE, Utah, July 23, 2012 -- Neways Enterprises ("Neways"), a worldwide leader in dietary supplements and personal-care products, today announced that the company's Board of Directors has appointed Robert S. Conlee to serve as Chief Executive Officer, and Chairman of the Board of Directors, effective July 23, 2012. James Zenni, President and CEO of Z Capital Partners, said: "Robert is a ...
Neways Awarded 2012 Consumer Products Turnaround of the Year
SPRINGVILLE, Utah, July 9, 2012 -- Neways Enterprises ("Neways"), a worldwide leader in dietary supplements and personal care products, today announced that the company was chosen as the Consumer Products Turnaround of the Year. This award from the Global M&A Network honors top performers from the international restructuring community. Private equity firm Z Capital Partners, L.L.C., and funds...
Neways International Announces CEO Change
SPRINGVILLE, Utah, July 3, 2012 -- Today, Neways International announced that Scott St. Clair, Neways' current Chief Executive Officer & Chairman, will be named Executive Chairman, and that a committee of Board of Directors will work with Mr. St. Clair to undertake an external search for a new Chief Executive Officer. Mr. St. Clair will continue to serve in his dual role throughout the recruitment...
Neways International Celebrates 25 Year Anniversary
SPRINGVILLE, Utah, June 21, 2012 -- Neways International, a worldwide leader in dietary supplements and personal care products, recently celebrated its 25 year anniversary, an impressive feat in the direct-selling industry. Neways' journey has been marked by a distinctively different approach to product formulation and innovation, an approach still evident in its mission and vision. "Neways beg...
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