July 1, 2015 – CIM Partners has advised Essential Ingredients, Inc. (“EI”) on the sale of its anti-acne active ingredient product lines, Curoxyl® and Curcylic®, to a subsidiary of Vantage Specialty Chemicals. The terms of the transaction were not disclosed.
Curoxyl® Benzoyl Peroxide Gel USP, is a patented, aqueous based, micronized benzoyl peroxide dispersion in the form of a gel. Curoxyl® can be the starting point for topically applied anti-acne creams, anti-acne wipes, face and body washes, cleansers and medicated pet shampoo formulations.
Curcylic® is a patented form of Salicylic Acid that is safe, stable, effective and meets the USP Salicylic Acid Gel Monograph.
This acquisition complements Vantage’s global personal care business under the Lipo brand, strengthening its offering of active ingredients and acne solutions. Lipo Chemicals, a leading supplier of specialty ingredients to the global personal care industry, was acquired by Vantage Specialty Chemicals in 2010. At that time Vantage also acquired Ruger Chemical, a global full-line supplier and repackager of active and excipient ingredients to the pharmaceutical industry. In 2012, Vantage purchased The Desert Whale Jojoba Company, the largest US grower and producer of Jojoba, under the Lipo brand. Driven by new product development, the Personal Care division is focused on green and natural ingredients providing real value and driving customer brand loyalty through formulation, technology and marketing.
Headquartered in Warren, NJ, the Personal Care division has offices in 13 countries, as well as a distribution network covering five continents and over 60 countries. For additional information on Vantage, please visit www.vantagegrp.com.
Essential Ingredients is one of the nation’s foremost sales and marketing organizations in personal care, household and industrial products. Founded in Georgia in 1996, Essential Ingredients has consistently grown to become a broad regional distributor that specializes in providing a complete solution to both customers and suppliers without sacrificing personalized touch. Backed by a dedicated staff of over 50 employee owners, an in-house laboratory and 5 warehouses, Essential Ingredients is well poised for continued growth. For additional information on EI, please visit www.essentialingredients.com