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The jar and closure molding assets of Cosmetic Specialties Inc. (CSI-Cosmolab; Oxnard, CA) have been acquired by investment firm Asparron Capital LLC (North Richland Hills, TX). Asparron has formed a new company called Cosmetic Specialties International LLC (CSI), formally separating CSI LLC from Cosmolab, with the latter continuing to operate out of its Tennessee location. William J. Gedwed, Asparron's CEO said the transaction, which was finalized on Oct.

MPW Staff

January 19, 2010

1 Min Read
Cosmetic packaging supplier CSI bought by investment firm, splits from Cosmolab

), formally separating CSI LLC from Cosmolab, with the latter continuing to operate out of its Tennessee location. William J. Gedwed, Asparron's CEO said the transaction, which was finalized on Oct. 22, 2009, is the first step in moving CSI into the forefront of product development in areas including sustainable packaging along with tool design and development from an already robust in-house machine department.

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