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CORE Industrial Partners Acquires Arizona Natural Resources to Accelerate Growth in Personal Care Portfolio
Tuesday 07 July 2020

Chicago, US-based private equity firm CORE Industrial Partners has completed an investment in contract manufacturing solutions provider Arizona Natural Resources (ANR) to accelerate ANR's growth in personal care products, the company said.

Terms of the transaction were not disclosed.

ANR operates a 132,000 square foot TTB- and FDA-registered cGMP-compliant facility housing 23 production lines.

The company's equipment is designed to accommodate a wide range of custom formulas and provide consistent, high-quality products in a range of different batch and order sizes.

ANR specialises in assisting emerging brands accelerate time to market through innovation and seamless collaboration and serves a customer base comprised of some of the most well-known and fastest-growing health and beauty companies across the United States.

CORE plans to pursue strategic acquisitions to extend the company's product offering and geographic presence.

Norton Rose Fulbright US LLP provided legal representation to CORE in the transaction. Carriage Hill represented ANR in this transaction.

ANR is a provider of full-service custom formulation and contract manufacturing solutions for personal care products with an expertise in haircare and skincare. ANR's development and turnkey manufacturing services include concept and formula development, batching, production, quality assurance and packaging.
Date Published: 07/07/2020