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July 12, 2017

U.S. News

MONAT Global Wins DSA of Canada Award

MONAT Global, the Doral, Florida-based direct seller, recently announced that it was chosen as the 2017 Journey to Success Award winner by the Direct Sellers Association of Canada, the premier national trade association in Canada for companies that offer entrepreneurial opportunities to independent sellers to market and sell products and services.

The Journey to Success Award is designed to recognize up-and-coming direct selling companies that have dedicated themselves to achieving a high standard of excellence in business operations in less than five years.

“We are thrilled to be selected as this year’s DSA of Canada Journey to Success Award winner,” said Ray Urdaneta, CEO of MONAT Global. “We are gratified to be singled out for our success and hard work. Fostering the right culture, both in the home office and the field, has been integral to our success.”

In October 2014, MONAT Global officially opened its doors in the U.S., and in Canada in October 2015, as the first direct sales company to focus on the multibillion-dollar hair care market. MONAT had approximately 4,000 VIP Preferred Customers in 2015 and now counts more than 100,000. Distributors are called MONAT Market Partners and total more than 50,000 across all 50 states and all 10 Canadian provinces.

One of the fastest-growing companies in both the U.S. and Canada, MONAT is on target to exceed $300 million in annual revenue three years after opening its doors. The company attributes its growth to its mission to help people everywhere enjoy beautiful, healthy, fulfilling lives through exceptional, naturally based products, a fun and rewarding business opportunity, and a culture of family, service and gratitude.

MONAT’s strategies to facilitate continued growth as well as corporate social responsibility programs include gold standard industry practices, such as the deployment of the Market Partner Academy, an online training platform; the MONAT Motor Club, in which qualifiers earn monthly bonuses toward leasing their own white Cadillac; and Gratitude, MONAT’s corporate giving program. Market Partners and corporate employees in the U.S. and Canada have donated hundreds of service hours to the Salvation Army, Habitat for Humanity and Children’s Home Society.

Since October 2016, MONAT has entered a new phase of accelerated, double-digit growth month after month. “I thank God every day for these great hair products and the opportunity this industry provides to change lives,” added President Stuart MacMillan.

MONAT Global is a wholly owned subsidiary of Alcora Corp., whose holdings include L’EUDINE Global and B&R Products.