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Accord includes BotanicalsPlus, Inc.
March 1, 2022
By: Christine Esposito
Editor-in-Chief
Vantage Specialty Chemicals has acquired Jeen International Corporation and BotanicalsPlus, Inc. Terms of the accord have not been released. The combination marks an exciting new chapter in Vantage's evolution to a solutions-oriented leader in the personal care ingredients space. Jeen is highly complementary to Vantage Personal Care's existing comprehensive portfolio of naturally derived ingredients, including active ingredients, natural oils, and bio-based chassis ingredients. Jeen is a leading global provider of naturally derived specialty ingredients and blends for the personal care and cosmetics markets. The compaqny’s portfolio includes a diverse range of specialized active ingredients, botanical extracts, and complexes serving functional applications for skin and hair care. Jeen is an innovative leader in rapid product development and customization to support its global customer base of leading multinationals and emerging indie brands. Jeen's owners, Adam Perle and Jeanne Perle, will join the Vantage team and remain invested in the business going forward, according to Vantage. The company celebrated its 25th anniversary last year. “We are highly impressed with Jeen's close customer relationships reinforced by its innovation, creativity and responsiveness,” commented Steve Doktycz, CEO of Vantage. “Our team has long admired Jeen's solutions-based approach to rapidly develop tailor-made blends meeting its customers' requirements. In addition, the acquisition of Jeen fits squarely within our strategy to expand Vantage's capabilities in personal care and food ingredients, which now represents over two-thirds of Vantage's business.” “Together, Vantage and Jeen can leverage its combined portfolio of natural specialty ingredients to bring additional solutions, speed and service to all customers. Our customers will benefit by having ready access to Vantage's portfolio of active skin care ingredients, natural oils, and jojoba derivatives, and we look forward to augmenting Vantage's formulation services with our rapid development capabilities,” Adam and Jeanne Perle noted in a statement.
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