Brazilian cosmetics giant Natura has finalized the sale of Avon ’s operations in six Central American countries — Guatemala, Nicaragua, Panama, Honduras, El Salvador, and the Dominican Republic — to Grupo PDC, a regional consumer goods company with a presence in Central America and Peru. The transaction, concluded for a symbolic $1 plus a $22 million receivable, is part of Natura’s ongoing restructuring strategy to streamline operations and reduce costs. The sale is expected to close by October 30, pending local corporate adjustments.

Although it will relinquish direct control of the operations, Natura will maintain a presence in the region through licensing of the Avon brand and the supply of finished products. The strategy reflects the company’s effort to retain a commercial prese

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