Hallstar expands its natural functional ingredients portfolio by acquiring the Florasolvs natural esters product line of specialty ingredients from botanically-derived ingredients player FloraTech, in a move that will boost its skin and hair care offering.
The Florasolvs series brand bolsters the Chicago-based company's growing line of products for the naturals segment in the personal care ingredient industry, and strengthens its position to serve the market for personal care products featuring renewable natural ingredients.
"Today's savvy consumers demand the best of both worlds—an assurance of trusted, natural ingredients with functional properties for personal care products," states John Paro, president and CEO, The HallStar Company.
"Investing in ingredients such as Florasolvs natural esters is a win-win for our valued customers, who want to develop only the most unique products to distinguish their hair and skin care formulations from others in competitive consumer markets."
The Florasolvs-series brand of natural esters is known for its skin and hair enhancing properties, with a trusted reputation around the world due to its unique formulation in the natural organics market.
Paro believes the acquisition expands on HallStar's commitment to invest in developing its natural ingredients platform for new generations of organic products.
Series of acquisitions
The expansion is the latest in a list of recent acquisition for HallStar as it expands its natural functional ingredients portfolio, following the acquisitions of B&T Company and BioChemica International in 2011.
B&T specializes in olive-based performance ingredients for use in personal care products, while Biochemica is a developer of exotic butters and oils.
"We pride ourselves on delivering customized, cost-effective solutions for our customers. Our focus is on addressing their unique needs by staying on the forefront as a leader in the dynamic ester chemistry industry," adds Paro.
"Through holistic growth and product development we aim to continue providing unique, technically sound and sustainable solutions that empower customers to pursue their innovations with confidence.”
The HallStar Company's most recent acquisition includes the FloraTech trade names and proprietary manufacturing technology for the Florasolvs-series brand natural esters, including the PEG-150 Hydrogenated Jojoba, PEG-120 Jojoba, PEG-80 Jojoba, PEG-16 Macadamia, and PEG-10 Sunflower product lines.