Cosmetics Solutions acquires Private Label Select for undisclosed sum

16 Mar 2022 --- Manufacturer of turnkey private label skincare Cosmetic Solutions is taking over the organic cosmetics and personal care manufacturer Private Label Select. Financial details of the transaction have not yet been released. The funds overseen by Lee Equity Partners have invested in Cosmetic Solutions.

Warren Becker, CEO of Cosmetics Solutions, welcomed the expansion of the company’s range to include organic and anhydrous product offerings. The company offers large-scale contract manufacturing to brands seeking to grow and generate greater commercial value.

New Mexico-based Private Label Select specializes in R&D for products ranging from lip balms, lip tints, glosses, salves, sun products, maternal and infant care and skincare. In 2005, Private Label Select became one of the first personal care manufacturers in the US to be Certified Organic by the National Organic Program.

Micah Halpert says consumers and companies are increasingly turning toward environmentally sustainable products.Lee Equity Partners is a private equity firm that partners with management teams primarily located in North America. The firm invests in companies across industries, including personal care, business, finance and health care.

Cosmetics Solutions isn’t the only industry player upping its sustainability credentials; not too long ago, an executive from Univar’s Solutions Center detailed how the company is advancing sustainability in personal care and homecare.

Rising demand for clean label
Private Label Select President Micah Halpert – now vice president of business development for Cosmetic Solutions – highlights consumer interest in skincare, which has risen alongside attention to nutrition and beauty-from-within: “People care about what products they’re putting on their skin, just as much as they care about what food they’re putting in their bodies.”

He details that, over the past decades, brands have made the switch to organic and natural formulations as a result of consumer demand for safe, climate-friendly personal care products.

PersonalCareInsights held a roundtable of experts last August from BASF, Cargill, Evolva and Givaudan Active Beauty, who flagged traceability and sustainability as top consumer demands within green beauty.

In September, the CEO of Sulapac sat down with us to talk sustainability hurdles still faced within cosmetics packaging. And this year, Shiseido invested in R Plus Japan Limited to propel the recycling of used plastics as a part of its Beauty for a Better World environmental sustainability pledge.

Edited by Olivia Nelson