04.30.10
Charkit Chemical Corporation acquired the assets of International Sourcing Inc. (ISI) on April 28. A purchase price was not disclosed.
"Charkit’s entire organization is enthusiastic about this important acquisition," said Charles Hinnant, president, Charkit. "We are confident that ISI’s outstanding reputation as a leader in specialty cosmetic ingredients further expands our substantial personal care capabilities.”
One of the primary reasons for the acquisition was ISI's roster ofexceptional marine products, according to Jay Lang, vice president, sales, Charkit.
"Charkit is now in position to provide our personal care customers with rare ingredients that come from some of the most exotic locations in the world," explained Lang. "This acquisition expands our product line to a collection of exotic seaweeds, salts and muds as well as body and facial masks that include some of the most sought-after ingredients."
Lang specifically cited Dead Sea Brine, Mud and Salt; European Spa Salt; Exfoliating Scrubs; Ground Seaweeds; Ormagel SH & XPU (seaweed complexes); Quiditat SR & SRC (marine AHA protectors); Seaweed extracts, flakes and complexes; and liquid and powder Sea Water as an important part of a comprehensive range of ingredients that come from ISI.
"ISI’s ingredients round out our already substantial personal care resources, meeting the needs of manufacturers of mass products as well as prestigious high end offerings in this category," explained Hinnant. "We’re reaching our goal to constantly do more when it comes to offering ever increasing value to customers in this important area. We’re on a steady path of growing our capabilities to meet the increasing need for quality products in the burgeoning, worldwide personal care arena. Most importantly, we want to assure our customers that during the period of transition, there will be no interruption in getting the ISI ingredients they have depended on before the acquisition.”
"Charkit’s entire organization is enthusiastic about this important acquisition," said Charles Hinnant, president, Charkit. "We are confident that ISI’s outstanding reputation as a leader in specialty cosmetic ingredients further expands our substantial personal care capabilities.”
One of the primary reasons for the acquisition was ISI's roster ofexceptional marine products, according to Jay Lang, vice president, sales, Charkit.
"Charkit is now in position to provide our personal care customers with rare ingredients that come from some of the most exotic locations in the world," explained Lang. "This acquisition expands our product line to a collection of exotic seaweeds, salts and muds as well as body and facial masks that include some of the most sought-after ingredients."
Lang specifically cited Dead Sea Brine, Mud and Salt; European Spa Salt; Exfoliating Scrubs; Ground Seaweeds; Ormagel SH & XPU (seaweed complexes); Quiditat SR & SRC (marine AHA protectors); Seaweed extracts, flakes and complexes; and liquid and powder Sea Water as an important part of a comprehensive range of ingredients that come from ISI.
"ISI’s ingredients round out our already substantial personal care resources, meeting the needs of manufacturers of mass products as well as prestigious high end offerings in this category," explained Hinnant. "We’re reaching our goal to constantly do more when it comes to offering ever increasing value to customers in this important area. We’re on a steady path of growing our capabilities to meet the increasing need for quality products in the burgeoning, worldwide personal care arena. Most importantly, we want to assure our customers that during the period of transition, there will be no interruption in getting the ISI ingredients they have depended on before the acquisition.”