Contract manufacturer Voyant has launched a new division intended to identify the most promising indie brands and partner with them up until acquisition.
The fragrance market was projected to be worth over $30 billion globally in 2021, and more small perfume and cologne brands are entering the fray everyday.
Smith & Vandiver Corporation has been manufacturing beauty and personal care products for multinationals, store brands, and startups since the 1970s. Now, the California – based company is part of the San Francisco Equity Partners investment portfolio.
MANA Products, Meiyume, and RPG announced the partnership this month along with their global strategy to bring beauty brands the end-to-end solutions needed in the modern cosmetics and personal care marketplace.
On Tuesday, the New York City – based contract manufacturer announced the deal with Traub, one that positions the beauty maker for growth in the prestige color cosmetics and skin care markets.