Mineral Fusion Natural Brands launches
This article was originally published in The Rose Sheet
Executive SummaryPrivate equity firm North Castle Partners facilitates the union of Depth Bath & Body Care and cosmetics brand Mineral Fusion to create new natural cosmetics, hair-care and body-care competitor Mineral Fusion Natural Brands, according to a March 3 release. "The goal of Mineral Fusion Natural Brands is to provide superior natural personal-care products by being an industry leader in sales, innovation, quality, and value while carrying out the principles of sustainability. We intend to amplify the great work that has been done with Mineral Fusion and Depth, and delight a growing number of our consumers by accentuating the healthful benefits of both brands." says Thomas Brown, president of the new firm. North Castle portfolio company gloProfessional was involved in coordinating the venture, as well as industry veterans from Avalon Organics, which North Castle sold to Hain Celestial in 2007 (1"The Rose Sheet" Sept. 15, 2008, p. 10)
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