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Private equity loves contract manufacturing
July 2, 2020
By: Happi Staff
Private equity continues to embrace contract manufacturers. Chicago PE firm Core Industrial Partners has closed a majority investment in Arizona Natural Resources (ANR). Terms of the deal were not disclosed, but according to John May, managing partner, Core, the move is is the first step in a bigger plan to expand to build a beauty powerhouse. This is Core's first move in the beauty space. ANR, headquartered in Phoenix and founded in 1972, operates a midsize contract manufacturing operat...
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