Acquisition expands Voyant’s product range, innovation, and supply chain capabilities
Chicago, IL, August 20th, 2020 – Voyant Beauty Holdings, LLC (“Voyant Beauty”), a full-service partner to the personal care and beauty industry, is pleased to announce the closing of the acquisition of the KIK Personal Care (“KPC”) business from KIK Custom Products (“KIK”). Voyant Beauty is a leading value-added manufacturer of innovative hair care, bath, and body, and skincare products to both established and fast-growing emerging brands. The acquisition of KPC will broaden Voyant Beauty’s product offerings as well as enhance product development and innovation capabilities. Combined, Voyant Beauty can offer customers expanded manufacturing capabilities through 15 facilities in North America and internationally.
Richard McEvoy, CEO of Voyant Beauty, stated, “We are very excited to have completed the acquisition of KPC and to welcome KPC employees to Voyant Beauty. Customer reception has been incredibly positive since our announcement on July 1, and culturally, the two businesses could not be a better fit. We are very excited about the future of Voyant Beauty, and we look forward to the successful integration of the combined businesses”.
About Voyant Beauty
Voyant Beauty is a leading, full-service partner to the personal care and beauty industry serving customers at every stage of the brand lifecycle. Voyant Beauty was formed in 2019 following the acquisitions of Vee Pak, Aware Products, and Cosmetic Essence Innovations. Headquartered outside of Chicago, Voyant Beauty’s integrated network of innovation and 7 manufacturing facilities delivers responsive solutions and increased speed to market. Additional information about Voyant Beauty can be found at www.voyantbeauty.com.
Since 1993, KIK has successfully grown from a single-plant operator in retailer-branded (private label) bleach to the leading North American independent manufacturer in household products and a global leader in pool and spa treatment and automotive products. In entering these segments, KIK capitalized on an opportunity to leverage its core manufacturing and marketing competencies to drive scale in fragmented industries. Subsequent to entering each market opportunity, KIK transformed it through a combination of organic growth initiatives and strategic add-on acquisitions and has continued to experience strong growth in all categories. For more information, visit www.kikcorp.com.