Mannatech, Incorporated (NASDAQ: MTEX), a leading developer and provider of nutritional supplements and skin care products based on Real Food TechnologySM solutions, has officially commenced Mexico business operations on January 24 across all of Mexico.
“Mexico is one of the most important international market openings that Mannatech has ever undertaken, because Mexico is a hugely strategic market in its own right as well as a gateway to all Latin America”, said Randy Bancino, president of Mannatechâ™s international business. “Since 1994, our passion has been to support hard working people looking to improve their lives through healthy living and building a business. We have found that the people of Mexico share our passion for changing people’s lives.”
Mannatech has distinguished itself in the emerging wellness and glyconutrient markets through the scientific development of its proprietary AmbrotoseÂ® complex. This technology holds more than 45 patents in 30 countries around the world. Many of Mannatech’s products, including Ambrotose, are based on Real Food TechnologySM solutions, which provide consumers with products that contain standardized levels of natural and plant-sourced nutrients.
“We have science as our foundation, and with a proven business model and products that will stand out in Mexico, I believe we will make a real difference in the lives of people willing to make a change,” said Sergio Medina, Managing director of Mannatech’s Mexico operations. “There are more than 100 million people in Mexico, many of them looking to supplement their income and make a better quality of life for their families, and I believe Mannatech will help them discover that.”
According to the Direct Selling Association, Mexico is the sixth largest direct selling market in the world. Currently, more than two million people living in Mexico involved with direct sales are creating more than $3.5 billion in revenue.
Mannatech’s Mexico operations include offices and storefronts in both Guadalajara and Mexico City and a distribution center located in Monterrey. Individuals interested in Mannatech’s health and wellness products, and business opportunity can learn more at mexicomannatech.com.
Mannatech, Incorporated, develops high-quality wellness, nutrition and skin care products that are based on the solid foundation of nutritional science and development standards. These proprietary products are available through independent sales Associates around the globe including the United States, Canada, Mexico, South Africa, Australia, New Zealand, Austria, Denmark, Germany, Norway, Sweden, the Netherlands, the United Kingdom, Japan, Taiwan, Singapore and the Republic of Korea. For more information, visit mannatech.com.