Breaking News

New Dana Perfumes

November 14, 2005

New Dana Perfumes, Mountaintop, PA, has retained Carl Marks Capital Advisors, LLC (CMCA) for the purpose of offering shares in New Dana Corporation owned by an investment partnership controlled by Dimeling, Schreiber & Park (DSP), to a select group of potential buyers, New Dana executives commented.
New Dana Perfumes was purchased by DSP in August of 1999. William R. Quinn, principal, DSP, said, “When DSP purchased the controlling shares in 1999, the company had filed for Chapter 11 and needed a major operational and financial restructuring. At this point in time, the turnaround is complete as NDP is a healthy company with annual sales in excess of $73 million, and is poised for continued growth.”
Added Tony Wesley, chief operating officer of NDP, “Our brands have proven they can perform on an upswing even in periods of decline.” l

blog comments powered by Disqus
  • ‘Lash’-ing Out!

    ‘Lash’-ing Out!

    Christine Esposito, Associate Editor||August 29, 2016
    All eyes are on Lash Star Beauty, a lash-centric beauty brand that recently made its QVC debut.

  • Long Term Sustainability In the Nonwovens Market

    Long Term Sustainability In the Nonwovens Market

    August 23, 2016
    Learn more at Cleaning Products USA, Nov. 9-11, 2016

  • Fro Yo!

    Fro Yo!

    Tom Branna, Editorial Director||August 22, 2016
    Project Beauty dishes out Hairgurt, a line of vitamin-rich hair shampoos and conditioning masques.