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DDF acquisition

This article was originally published in The Rose Sheet

Executive Summary

North Castle Partners private equity firm acquires a controlling interest in DDF skin care marketer HDS Cosmetics Lab, company announces April 8. DDF's positioning is consistent with North Castle's focus on healthy living and aging, and will give the firm a foothold in the rapidly growing cosmeceutical segment, Greenwich, Conn. firm says. HDS Cosmetics Lab CEO Joseph Contorno will remain with the firm in his current position. DDF generated sales of approximately $40 mil. in 2003, HDS Cosmetics says. New financing of the firm will also be funded by Easton Hunt capital partners and Easton Hunt New York, affiliates of the Easton Capital Group...

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