THE WHAT? Vivify Specialty Ingredients has announced that it has acquired Access Ingredients. Financial terms of the deal were not disclosed.
THE DETAILS Access owner and President, Trudi Leung will continue to lead the company as Managing Director and roll over a meaningful financial stake. Access will partner with Vivify’s Sandstream Specialties division to offer a full set of ingredient and color solutions to the personal care industry.
THE WHY? Vivify CEO Brian Leen reveals, ” Access is a proven innovator, with strong supplier relationships and specialty products, and the company will provide us with a key West Coast distribution facility. We expect this addition to help Vivify accelerate our growth in the hair and skin care markets and enhance our reputation as a value-added solutions provider for our customers, and we continue to look for like-minded acquisition partners across our industrial and life sciences markets.”