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HallStar acquires natural esters personal-care line

7:00 AM MDT | August 15, 2014

HallStar (Chicago) has acquired the Florasolvs natural esters product line of specialty ingredients from FloraTech (Chandler, AZ), a maker of botanically derived ingredients. The deal includes manufacturing technology, trade names, intellectual property, and the business associated with these products, HallStar says. Terms have not been disclosed. The acquired product line, used in skin and hair formulations, includes PEG-150 hydrogenated jojoba, PEG-120 jojoba, PEG-80 jojoba, PEG-16 macadamia, and PEG-10 sunflower, HallStar says. HallStar says the deal bolsters...

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