Merion, Inc. entered into a letter of intent to acquire Ares Pink Corporation.
April 11, 2023
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Merion, Inc. (OTCPK:EWLU) entered into a letter of intent to acquire Ares Pink Corporation on April 11, 2023. This LOI shall be non binding except as specifically set forth herein and is subject to the negotiation and execution of the Definitive Agreement
Merion, Inc. is a provider of health and nutritional supplements and personal care products. The Company focuses on nutritional and beauty products, and OEM and packaging products. The Company mainly sells its products over the Internet directly to end-user customers through its Website, www.merionus.com, and to wholesale distributors through phone and electronic communication. The Company's major customers for its nutritional and beauty products are located in the Asian market, predominantly in the People's Republic of China. The Company's major customers for its original equipment manufacturer (OEM) and packaging products are located in the United States. The Company's products include Noir Naturel, Viwooba (1-3), Lady-S, ReMage-Power, Gold King, Tai Bao, and New Power. The Company also provides OEM and packaging services for hard capsules, tablets, solid beverages (sachet packaging), teabags, powder, granules, dietary supplements, soft gel capsules, and health foods.