Wednesday, April 1, 2009
Dallas-based Aerus Holdings acquires EcoQuest International
DALLAS Aerus Holdings, L.L.C. of Dallas, TX announced today that its subsidiary has acquired a majority of the assets of EcoQuest International, its parent and their subsidiaries. EcoQuest International, located in Greeneville, Tennessee, is known as the "Healthy Living Company," an provides state-of-the-art air and water purification products, energy management systems and nutritional supplements to consumers and businesses through network marketing professionals for years. The assets include the EcoQuest, Infinity, Heartland, activTek and UNOVUS product lines.
The company hopes that this acquisition will be a good fit for Aerus Holdings, which also owns a number of other direct selling companies including Aerus LLC, which was known as Electrolux from 1924-2003. "With EcoQuest we will enter the global market with the same values that have guided our success as Electrolux and Aerus for over 85 years. Values that include a commitment to customer satisfaction, product excellence, ethical business practices and our global environment," stated Joseph P. Urso, Chairman and Chief Executive Officer of Aerus Holdings. "Our mission has always been to provide great opportunities for financial security and success to hardworking professionals who share our beliefs."
A direct selling company, EcoQuest International was established in January 2000. "I am really enthused about the future of EcoQuest," commented Michael Jackson, Sr., the founder of EcoQuest International. "Aerus has the resources and skills we have needed for years to take full advantage of the technology and opportunities that EcoQuest has available. Through the leadership of Mr. Urso, and an amazing team of professionals he has brought together, I expect the new company to fully realize all of its potential. I look forward to seeing the worldwide group of field leaders reap the rewards of this transaction."
"EcoQuest has an extraordinary culture that meshes with our core philosophies," said Mr. Urso. "While job losses, pessimism and layoffs are making headlines, we will continue to promote success, hope and security for men and women across the world through growth and opportunity in home-based and independent businesses."
Aerus LLC, formerly Electrolux LLC, is a direct selling, franchise organization with over 500 locations in North America.
Source: Aerus Holdings
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