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Core Industrial Partners Portfolio Company Arizona Natural Resources Acquires Contract Filling Inc.

Aug 18, 2022•about 3 years ago

Acquiring Company

Arizona Natural Resources

Acquired Company

Contract Filling

Health CareManufacturingManufacturing

Description

CORE Industrial Partners (“CORE”), a Chicago-based private equity firm, today announced the acquisition of Contract Filling Inc. (“CFI” or the “Company”), a specialized contract manufacturer of high-end fragrances, deodorants and cosmetic products, by CORE portfolio company Arizona Natural Resources (“ANR”), based in Phoenix, Arizona. The acquisition solidifies ANR’s position as one of North America's largest manufacturers of personal care and beauty products.

Company Information

Company

Arizona Natural Resources

Location

E Beardsley Road

About

Arizona Natural Resources (“ANR”) is a leading full-service contract manufacturer, formulator, and distributor of customized hair care, skin care, fragrance, and cosmetic products. ANR’s turnkey services include formulation, batching, filling, quality assurance, packaging, and distribution. ANR specializes in helping emerging brands accelerate speed to market through concept & formula development support. With locations in Arizona, California, Nebraska, and New Jersey, the Company operates out of four FDA-registered cGMP compliant facilities with more than 800,000 sq. ft. of manufacturing space.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed