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Kolmar/OSG combined sales total $210 mil.; more treatment contracts sought.

This article was originally published in The Rose Sheet

Executive Summary

KOLMAR/OSG COMBINATION WILL GENERATE $210 MIL. IN ANNUAL SALES following the acquisition of the cosmetics and skin care contract manufacturer from CCL Industries by Outsourcing Services Group, OSG said. A holding company formed by Newport Beach, Calif.-based Gordon+Morris Group and HarbourVest Partners (Boston), OSG roughly doubles its sales with the Kolmar Labs purchase, which closed Jan. 8. The holding company also owns two contract aerosol manufacturers, City of Industry, Calif.-based Aerosol Services Company and Piedmont Labs (Gainesville, Ga.). OSG hopes to double sales over the next few years.
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