Beginning in the summer of 2008, the company worked with 25
of its largest personal care product suppliers to develop the new
guidelines, which became effective Sept. 1, 2009.
The guidelines mandate that suppliers reduce the use of plastic in product packaging, encourage the switch to glass when possible, limit acceptable packaging materials to those that are easily
reused or recycled, and/or feature the highest percentage of PCR
content. Suppliers were given one year to transition to more environmentally friendly packaging.
Alpha Packaging Acquired
By Private Equity Firm
• Irving Place Capital (IPC), a middle-market private equity
firm, will acquire Alpha Packaging, a blow molder of plastic bottles
and jars for the nutraceutical, pharmaceutical and personal care
markets. A purchase price was not disclosed. The transaction is expected to close this month.
Alpha, which is headquartered in St. Louis, MO, manufactures
plastic bottles and jars at five facilities located throughout the U.S.,
as well as a recently opened plant in The Netherlands. The company’s Technigraph division provides container-decorating services
to leading personal care brands.
Stonebridge Partners of White Plains, NY fueled the growth of
Alpha with significant capital investments that allowed the company to triple in size during the investment period.
“I am enormously proud of the business we have grown over
the last 25 years and excited about the bright future that we have
in front of us with Irving Place Capital,” said Dave Spence, president and chief executive officer, Alpha Packaging.
“We are constantly looking for ways to support our customers’
growth by offering new products and technologies. We are com-
mitted to making our network of distributors and direct customers
more competitive through additional investments in our existing
operations and the completion of add-on acquisitions.”
IPC’s other platform investments in packaging include Multi
Packaging Solutions, Inc., Chesapeake Corporation and Mold-Rite
Under the agreement with IPC, Alpha’s management team will
stay in place. Spence will remain as Alpha’s president and chief executive officer. Upon transaction close, Alpha’s chief operating officer Dan Creston will oversee all acquisition integration as the
executive vice president of corporate development.
In addition, Mike DeFazio, who currently serves as vice president of operations, will become chief operating officer. Alpha’s
chief financial officer, Gary Seeman, and its executive vice president of sales, Jack Baily, will remain in their positions.
Love’s Baby Soft Goes Green
• Dana Classic Fragrances, Inc., known for popular scents
such as English Leather, Tabu and Love’s Baby Soft, debuted its
newest fragrance, Love’s Rainforest with eco-friendly components.
According to the company, Love’s Rainforest is a“clean, natural and contemporary scent”that is formulated to appeal to the environmentally conscious consumer. All of the packaging, including
the bottles and caps, are manufactured using recycled materials. In
addition, a portion of the proceeds from the sales of the Rainforest items will be donated to rainforest preservation.
The initial offering for the Rainforest line will be comprised of
a body mist and a body spray. Other items will follow shortly, according to the company.
Qosina Makes Inc. Magazine’s
Top 5000 Companies List Again
• Inc. Magazine has included Qosina Corporation, parent
company of Qosmedix, on its 2010 “Inc. 5000” List, which acknowledges the top 5,000 fastest growing private companies in the
U.S. Qosina is being recognized for the second consecutive year
on the list. The company has been recognized four times including
the “Inc. 500”in 1989 and“Inc. 5000”in 2007 and 2009.
Stuart Herskovitz, founder and president of Qosina and
Carol’s Daughter Taps Maesa
Qosmedix, said, “We are grateful to our customers, suppliers and
especially the entire Qosina and Qosmedix teams for enabling us
to increase sales each year since 1980, when we first founded
Herskovitz added, “As a young company in 1989, we were
proud to be recognized by the Inc. 500 list. Since then, our strategy
has been to expand our product offering by providing the latest
component designs and materials to meet our customer’s needs.
We are pleased with this fourth recognition by Inc. Magazine, as
one of the fastest growing American companies.”
Qosmedix is a global supplier of sample packaging and med-
ical quality disposables to the cosmetic, skin care, nail, spa and
salon industries. Its inventory includes brushes, swabs, applicators,
disposable spa wear, jars, bottles and more.
For Record-Breaking Fragrance Line
• Hip-hop soul legend Mary J. Blige adds another page to her
already impressive portfolio: a signature fragrance aptly named
after her most personal album, “My Life,” with Carol’s Daughter.
In the same way that the“My Life”album brought her closer to
her consumers, Blige poured the same intensity in crafting the fragrance with the help of Carol’s Daughter, Chad Lavigne, and the
Maesa Group, according to the packaging company.
The fragrance’s heart-shaped bottle featured a hotstamped
gold “My Life” logo and a heavy, custom Zamac cap. It is enclosed in a Mylar folding carton with silkscreened decoration.
The glass rollerball and tubes are vacuum metalized and silk
screened with opaque shiny gold.
The collection was launched exclusively on HSN on July 31 to
record-breaking sales: more than 60,000 units in six hours, retailing between $25 and $55 per item.