San Francisco Equity Partners (SFEP) has announced that its portfolio company—SV Labs—has acquired Diversified Manufacturing Corporation (DMC). The terms of the deal were not disclosed.
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Graham Orriss, CEO of SV Labs, will lead the combined companies. The merger will allow the use of DMC’s cGMP and OTC certified production facility, giving SV Labs three facilities for manufacturing.
Orriss said, “DMC has built an exceptionally strong production infrastructure, in particular with respect to liquid filling and OTC. We see a significant growth opportunity in combining SV Labs’ existing capabilities with DMC’s to expand our offerings, increase our capacity, and continue delivering excellent service and quality to our customers. The addition of a major facility in the Midwest will enable us to serve our customers’ needs even faster and more efficiently than before.”
David Mannix, Partner at SFEP, said, “SV Labs and DMC are highly complementary manufacturing platforms, each with a strong reputation for their capabilities in natural formulations. We look forward to supporting Graham and his management team as they continue to build SV Labs as the manufacturing partner of choice for leading emerging and established brands.”