Global private equity firm CRG are to auction a mass-market cosmetics manufacturing and packaging facility located in Fairfield, New Jersey. The sale comes about following the owners retirement. The real-time online auction will take place on the 29th of October. Assets may be inspected on the 28th of October and include:
Processing and blending equipment including: 316 Stainless Steel 200 Liter steam jacketed vacuum homogenizing PLC Mixers; Straight side electric coil heated Stainless Steel mixing tanks; Groen Stainless Steel steam jacketed agitated kettles. Filling and blending equipment including: Rotary stainless steel PLC controlled powder press; 4-Head liquid filler with assorted change parts, capper-torquer, with feel stainless steel feed conveyor and Siemens PLC controls and Autocap sealer; CoPack Compatta 100PS continuous automatic powder press; All stainless steel tube filling line with hot air sealer, chiller, assorted change parts, PLC controls; KLÖCKNER-BARTELT all stainless steel auger style filler; ICMAT SpeedyBag 300 PLC controlled auto bagger-sealer. A selection of plant support, material handling equipment and a selection of office furniture, fixtures and equipment.
The sale also includes an established mass-market cosmetic brand. The brand has trademark registration in more than 30 countries and +/- $3MM in revenue and +/-$2MM in inventory.