Company News, Financial News

Keystone Completes Acquisition of Centre 7

Nail polish division bulks up portfolio with French business.

Polychromatic (PCC), the nail polish division of the Keystone Industries portfolio of companies, announced they have acquired renowned French company Centre 7 (C7).  C7 has a distinguished reputation in the masstige and luxury cosmetic market.  When complete, this acquisition will signify pivotal expansion into the global beauty arena for Keystone Industries.
 
“We’re expecting the acquisition of Centre 7 to strengthen the opportunities in the beauty industry not only in the United States market, but also throughout Europe,” said Cary Robinson, president of Keystone. “It’s a well-respected company that manufactures products of distinction.”
 
Centre 7, located near Paris’ highly-coveted Cosmetic Valley, has been in business for more than 20 years in the beauty and personal care industry. Centre 7 specializes in the filling and packaging of nail polish and other luxury cosmetic products. The dedicated team at Centre 7 is known for their high levels of quality control and customer service, vital characteristics which are the building blocks of PCC’s overall mission.
 
With anticipated capacity of filling close to 30 million bottles annually, Centre 7 will be an ideal vendor for both bulk and packaged cosmetics. There are immediate plans to expand the facility for the full-scale production of nail polish.
 
The acquisition will also give PCC the “Made in France” quality advantage, and a closer proximity to larger French and European customers, it said.

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