Owner of Tupperware Brand Announces Sale of Latin American Operations
Orlando, Fla. – January 20, 2026 – In a significant move for the company, Party Products LLC, the owner of the Tupperware® brand, has formally entered into a definitive agreement to sell its operations in Latin America to Betterware de México, S.A.P.I. de C.V. (NYSE: BWMX). This strategic acquisition allows Betterware, which is also the parent company of the Betterware and Jafra brands, to enhance its brand portfolio in the region.
Details of the Transaction
As part of this agreement, Party Products LLC will grant Betterware a perpetual, exclusive license to operate the Tupperware brand within the Latin American market. The sale is pending regulatory approval and is anticipated to finalize in the first half of 2026.
This partnership ensures that many of the Tupperware products sold in the US and Canada will continue to be manufactured in Mexico, thus maintaining the quality and relevance of the Tupperware brand across markets.
Implications for Both Companies
Party Products LLC views this agreement as a crucial step in its global expansion strategy, allowing the company to concentrate on regional commercialization and product innovation. The decision underscores a commitment to maintaining Tupperware’s legacy of quality and consumer trust.
Betterware’s acquisition is expected to enhance its operational capabilities, further entrenching the Tupperware brand in Latin America and making it a responsive and relevant brand in the consumer food storage industry.
About Tupperware
For nearly 80 years, the Tupperware brand has provided innovative, stylish, and sustainable solutions for food storage and preparation. Known globally for its quality, Tupperware products help families create and share meals with care. Consumers can purchase Tupperware items through a variety of channels, including its independent sales force and leading online retailers such as Amazon, Costco, Target.com, Walmart.com, and Macy’s.
Contact Information
Media inquiries can be directed to:
- Contact: Litzky Public Relations
- Email: Tupperware@litzkypr.com