Company Merger Forms Nagase Specialty Materials

Sep 10th, 2020

Hannah Fink

Nagase & Company Ltd

Nagase completes successful day one.

Nagase completes successful day one.

Nagase America LLC announced the formation of its new company: Nagase Specialty Materials NA LLC (NSM). The company was created from the combination of its NY Chemicals Division and Illinois Fitz Chem, LLC.

Related: Fitz Chem, Nagase To Open Illinois Innovation Lab

NSM manufactures and distributes specialty chemicals for consumer and industrial products such as paints, cosmetics, pharmaceuticals and electronics. The consolidated company looks forward to the new era as a future-forward distributor.

“Our teams have worked tirelessly this year to ensure a seamless transition for our customers, suppliers and business partners into our new organization,” said Laura Mack, chief financial officer and integration head for NSM.

The creation of NSM brings a 20% employment increase in business development and its corporate offices in Itasca, Illinois.

Manzanita Capital first invested in Space NK in 2002.

Report: Manzanita Capital Seeking Space NK Sale?

The private investment firm previously explored a sale of Space NK in 2018 advised by Goldman Sachs.

All-in-one Skin Microbiome Sampling & Analysis for Beauty Brands

All-in-one Skin Microbiome Sampling & Analysis for Beauty Brands

How new tools and platforms are optimizing beauty efficacy for cosmetic formulations and personal care products.

Jessica Alba will shift her creative energy to new endeavors after a successful fourth quarter.

Jessica Alba Steps Down as Chief Creative Officer at The Honest Company

Alba will continue to provide her support and leadership as a member of Honest’s board of directors.

Cyklar founder Claudia Sulewski said, 'I was a longtime fan of The Center's brands and couldn't believe my luck when I hit it off with Ben Bennett. Joining this family is a dream come true, and I'm eager to learn and grow Cyklar with their expertise.'

The Center Invests in Cyklar to Expand Product Offerings

The Center will help the brand to expand its offerings, focusing on new products and the evolution of Cyklar to meet the ever-changing needs of consumers.

U.S. private equity giant Blackstone Inc. would reportedly try to provide debt financing to take L’Occitane private.

Report: L’Occitane Owner Exploring Another Attempt to Take Company Private

Reuters now reports that Geiger is "in advanced discussions with investors and lenders" about a potential deal that could be announced in just a few days.

The funding round was led by a16z crypto and The Estée Lauder Companies' New Incubation Ventures (NIV).

Kiki World Announces $7M Funding Round from The Estee Lauder Companies

Kiki looks to build consumer brands as dynamic platforms, with products and experiences created by and rewards shared with the communities that use them.

In March, Puig reported that full-year 2023 sales increased 19% to €4.3 billion.

Why Puig is Pursuing an IPO

Funds will be used to "refinance recent acquisitions of additional ownership in the prestige fragrance label Byredo and Charlotte Tilbury brands," while setting the company up for future acquisitions and expansions in Asia Pacific and skin care.

Dexter King has been named senior vice president, global general manager, Tom Ford Beauty, reporting to Guillaume Jesel, president and CEO, Tom Ford and luxury business development, The Estée Lauder Companies.

Dexter King Takes New Role at Tom Ford Beauty

In his new role, King will lead the brand's category, channel and geography strategic growth plans, with a particular focus on its luxury beauty positioning in makeup, fragrance and skin care.

Throughout her career, Green Yip has held senior appointments at Estee Lauder and LVMH.

L’Occitane Appoints Regional Managing Director, Travel Retail APAC

Green Yip will play a vital role in shaping the future of the company's travel retail with the support of its experienced global and APAC travel retail teams.

West Lane Capital Partners Acquires Seven Hair Care Brand

West Lane will bring its deep industry expertise and relationships to support Seven's continued growth and line expansion.

Two $5,000 scholarships, sponsored by Mary Kay, Inc., will be awarded.

SCC Accepting Applications for 2024 Madam C.J. Walker Scholarship

The scholarship program supports specific under-represented minorities of any gender identity pursuing an undergraduate or graduate degree in STEM disciplines relative to the cosmetics and personal care industry.