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CONTACT: Miami, FL (BlackNews.com) - Cosmetic Research Corporation (CRC), a South Florida based manufacturer of hair and skin care products announced that it has acquired Cosmetic Technologies Corporation (CTC), a closely aligned cosmetic manufacturer of similar product lines in the Miami area. Cosmetic Research Corporation will retain its legal name and the newly merged companies will be doing business under the name of Nuvo Cosmetics International in the CTC facility located at 8500 NW 56th Street in Doral, Florida. The primary purpose of the acquisition is to provide both current and future clients with the resources, market share and leadership necessary to meet the challenges of the growing and ever-changing cosmetics market. In recent years, CTC has made critical investments in both equipment and facility improvements that significantly increased their production capacity. CRC sees this added capacity having an immediate impact in the company's ability to provide product diversification and to achieve a faster and more effective production turnaround time. "We believe that the combination of Cosmetic Research and Cosmetic Technologies will create a true synergy," said Marvin Lusky, President of CRC and Nuvo Cosmetics International. "This will afford our company a new and dynamic range of innovative cosmetic products and services, significant production capacity, added expertise, R & D technology and expanded customer services," he added. Nuvo Cosmetics International will provide private label development and contract manufacturing services for a wide range of hair and skincare products including Shampoos, Conditioners, Hair Treatments, Styling Aids, Relaxers, Hand and Body Lotions and Facial Creams, Washes and Treatments. For more information on the acquisition and the development of Nuvo Cosmetics International, please contact Edward Lusky at 305-513-0133.
FOR IMMEDIATE RELEASE
August 30, 2007
Edward Lusky
Nuvo Cosmetics International
305-513-0133
elusky@nuvointl.com
COSMETIC RESEARCH CORPORATION ANNOUNCES THE ACQUISITION OF COSMETIC TECHNOLOGIES CORPORATION
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