Arcade Beauty has announced the acquisition of Suite K’s fragrance business, which includes its operating assets and capabilities.
“Arcade Beauty is the perfect choice for this transfer of assets,” said Kathleen Croddick, founder and CEO of Suite K. “The sale will permit us to concentrate resources on areas of strategic business focus while providing a great new home for our people and the exceptional work they do.”
Per the acquisition, Arcade Beauty will acquire Suite K’s fragrance blending and production facility in Dayton, N.J. The facility is used in the creation of vials, mini-product samples, roller balls and full-sized fragrance products, and Arcade Beauty hopes to begin fulfilling orders as soon as possible.
“We are very excited about the opportunity to expand into this state-of-the-art facility,” said Peter Lennox, CEO of Arcade Beauty. “It significantly increases our filling capacity and blending capabilities in the fragrance arena, underscoring our commitment to providing best-in-class sampling technologies for our customers”.