October 5, 2012 – CIM Partners has advised Desert Whale Jojoba Company, Inc. (“DWJ”) on its sale to Vantage Specialty Chemicals. The terms of the transaction were not disclosed.
DWJ is the leading, US-based grower, producer and processor of branded, natural, Ecocert and organic jojoba-based derivatives, oils and specialty ingredients. Founded in 1978 and headquartered in Tucson, Arizona, DWJ is one of the few suppliers which grows, produces and supplies “green” raw materials to the personal care industry. The Company’s farm provides DWJ “farm to bottle” consistency and traceability, and establishes the Company as the largest grower of jojoba in North America. For additional information, please refer to the Desert Whale website: www.desertwhale.com.
Vantage is a uniquely positioned specialty chemicals company focused on naturally derived ingredients serving a diverse and growing set of global end markets including personal care, lubricant, industrial, oil field and food markets. Vantage converts renewable natural raw materials into products that are widely used in a range of specialized applications due to their performance benefits and environmental characteristics. For additional information, please refer to the Vantage website: www.vantagespecialties.com.