Scott’s Liquid Gold sells personal care manufacturing facility

By Simon Pitman contact

- Last updated on GMT

Getty Images
Getty Images

Related tags: Manufacturing, Personal care

Scott’s Liquid Gold has announced the sale of its Denver, Colorado personal care manufacturing facility to Elevation Labs Colorado.

The agreement also means that Elevation Labs will continue to manufacture Scott’s personal care product lines while the company transitions its manufacturing to other production partners.

That transition period is expected to run through till mid-2020, while the transaction is expected to close on March 1st​, 2020, providing third party consents are received.

Neoteric brand remains

Once the transaction is completed, the agreement also states that Elevation will manufacture certain of its own products, together with certain products in the Scott’s Neoteric brand portfolio.

The agreement also states that Elevation will assume Scott’s remaining facilities and corporate office  leases, which will net a net cash payment of $0.5 million for Scott’s, while Elevation has stated it also intends to maintain the current workforce

Scott’s Liquid Gold in a US-based based manufacturing and distribution company with a mainstay business focused on its Liquid Gold wood care and restoration products, but the business also includes a portfolio of personal care products.

Scott’s streamlines personal care

The Colorado facility has traditionally been a stronghold for the manufacturing of brands that include skin and hair care brand Neoteric Cosmetics, Alpha Skin Care, Prell shampoo, Deorex and Zincon medicated shampoos and Neoteric Diabetic, a range of products developed for diabetic-related skin care problems.

This transaction is a significant step forward in our efforts to operate more efficiently, with a leaner, more agile infrastructure, and with greater operational and financial flexibility,” ​said Mark Goldstein, CEO and Chairman of Scott's.

“It also allows us to evaluate, select, and benefit from the manufacturing, R&D, and infrastructure expertise of new partners, and focus our strategic efforts towards the growth and marketing our high-quality, high-value brands.”

Related topics: Business & Financial, Skin Care, Hair Care

Related news

Related products

show more



SABINSA: Innovating the Science of Cosmetics® | 20-Jan-2020 | Data Sheet

Colorless SabiWhite® is derived from curcumin through an in house process and delivers 96% tetrahydrocurcumin. This superior compound provides more physiological...

Beauty Tech Unboxed: innovation for the digital age

Beauty Tech Unboxed: innovation for the digital age

Sagentia Limited | 13-Jan-2020 | Research Study

Sagentia recently conducted quantitative and qualitative research with more than 2,000 UK adults. Our aim was to drill down into the basics of what digital...

Vegan, Green, Transformative Formulas

Vegan, Green, Transformative Formulas

Tagra Biotechnologies | 02-Dec-2019 | Product Presentation

CameleonCaps™ are cellulose-based encapsulated pigments that are durable during formulation and scale-up, yet break easily beneath fingertips upon application....

Related suppliers

Follow us

Featured Events

View more


View more