Keystone Capital invests in Penta Fine Ingredients to support growth in fragrance sector
Private equity firm Keystone Capital has acquired a stake in Penta Fine Ingredients, a long-established supplier of specialty ingredients used in the fragrance, flavors, and personal care industries. The post Keystone Capital invests in Penta Fine Ingredients to support growth in fragrance sector appeared first on Global Cosmetics News.
THE WHAT? Private equity firm Keystone Capital has acquired a stake in Penta Fine Ingredients, a long-established supplier of specialty ingredients used in the fragrance, flavors, and personal care industries.
THE DETAILS Based in New Jersey, Penta Fine Ingredients supplies a wide portfolio of intermediate and specialty ingredients to global manufacturers and distributors. While the company serves multiple sectors, including pharmaceuticals, its materials are widely used in the development and production of fragrances and personal care products. As part of the investment, Keystone has appointed industry veteran Mike Size as CEO. Size previously held senior roles at companies including Mane Flavors and Givaudan, both key players in fragrance and ingredient development.
THE WHY? The investment positions Penta to expand its presence in the fragrance and personal care markets, areas of growing global demand. With deep customer relationships and an established manufacturing base, Penta is expected to pursue strategic acquisitions and scale its operations in response to increasing formulation complexity and clean label ingredient trends in beauty and personal care.
The post Keystone Capital invests in Penta Fine Ingredients to support growth in fragrance sector appeared first on Global Cosmetics News.
