NOW® Foods Acquires PC Manufacturer
BLOOMINGDALE, Ill.--NOW® Foods acquired all assets of Burnham Labs, a contract personal care and cosmetics manufacturer based in Niles, Ill.; the acquisition includes the equipment, formulas and employees, and the former owners, John and Soo Chang, will serve as consultants to NOW to help grow the business.
"In addition to fulfilling our mission in a broader arena, the acquisition will enable us to capitalize on a strategic opportunity to support our goal of increasing our revenues and our rate of growth," said Al Powers, president of NOW Foods (www.nowfoods.com).
NOW will continue to service Burnham's existing private label customers and expand the business through NOW's private label group. The acquisition further supports NOW's planned product expansion in the personal care category. NOW also plans to enhance Burnham's product formulas to use natural ingredients wherever possible instead of synthetic ingredients.