Breaking News

COSi Completes Refinancing, Continues Global Expansion

April 11, 2006

Creative Outsourcing Solutions International (COSi) completed a refinancing in February, obtaining new funds for the working capital needs of the business as well as for investment in the group’s strategic initiatives. COSi’s new comprehensive debt package includes asset-based lending facilities provided by Venture Structured Finance.
Venture Structured Finance replaced Barclays Bank, COSi’s financier for over four years, as a debt provider; however Barclays Ventures remains a major shareholder. COSi’s Chief Finance Officer, Alison Henriksen, commented, “Management is delighted with the outcome of the refinance and the flexibility of the facilities we now have in place. As a manufacturer, asset based lending has proved to be a very attractive option, and we have found Venture Structured Finance to be innovative in the way they’ve structured the deal”.
COSi produces color cosmetics and toiletries for major brand owners all over the world from its plants in Wales and West Sussex, UK.
  • Patent Activity: Colgate-Palmolive

    Patent Activity: Colgate-Palmolive

    December 6, 2016
    New oral care compositions, the use of radish root ferment filtrate in a cleanser and more.

  • Sparkle & Shine

    Sparkle & Shine

    Melissa Meisel, Associate Editor||November 21, 2016
    Glam packaging and upscale scent combos are big at Yankee Candle for Holiday 2016.

  • Cos Bar: Turning 40 and Hitting Fast Forward

    Cos Bar: Turning 40 and Hitting Fast Forward

    Christine Esposito, Associate Editor||November 21, 2016
    With a recent investor infusion, a new CEO and rebranding effort underway, this luxury beauty retailer has big plans.

  • Slow & Steady

    Slow & Steady

    Tom Branna, Editorial Director||December 1, 2016
    In a tumultuous environment, steady gains posted in the industrial and institutional cleaning sector are welcomed.

  • The World Comes to Orlando

    The World Comes to Orlando

    Tom Branna, Editorial Director||December 1, 2016
    More than 1,600 chemists traveled to Florida for the IFSCC Congress

  • The Plex  Phenomenon

    The Plex Phenomenon

    Denise Costrini, Croda North America||December 1, 2016
    Croda details the hair-protecting qualities of bond multipliers and the company’s new bond-building formulation system.