Dear Agel team member,
It is with a great deal of excitement that we are able to announce a historic moment in Agel history. We have received a letter of intent from CVSL, Inc. to purchase Agel Enterprises and include us in their portfolio of direct selling companies.
CVSL is a very large international company with powerful resources. Those resources can allow Agel to do great things in terms of manufacturing in-house, extended product line extension, and developing infrastructure. CVSL is a publicly traded company (stock symbol: CVSL) and their leadership team has extensive experience in the profession. Their resources can greatly assist Agel to grow and develop faster.
Agel will remain a stand-alone brand and both Jeff & Jeremiah, as well as the Agel management team will continue to lead the company. Agel still stands for the principles we always have: health, prosperity and service. The only thing that will change is that we will now have the resources of CVSL behind us.
Of course the sale is not final – this is simply a letter of intent. But we are hopeful that details will be finalized soon. You’ll find the complete media release below. We’ll let you know the instant that the process is official, but for now, we wanted you to be the first to hear this exciting news.
- Jeff Higginson and Jeremiah Bradley