Beauty Packaging Staff09.01.20
Mana Products, a beauty contract manufacturer based in Long Island City, New York, has been purchased by Traub Capital.
The acquisition allows Traub Capital to leverage Mana’s innovation, research & development and contract manufacturing capabilities as part of its vision for the company. In turn, Mana will leverage Traub Capital's strategic, operational and financial expertise.
"We are proud to partner with Mana, a clear leader in prestige beauty manufacturing. Mana partners with their customers at the height of innovation and quality, with a proud tradition of growth and delivery. Mana’s culture and legacy align with Traub Capital's organizational and cultural beliefs, and we think we are uniquely positioned to actively support them with their strategic growth plans," said Mortimer Singer, co-managing partner of Traub Capital on behalf of he and his partners, Geoffrey Lurie and Brian Crosby.
Robert Jaegly, Mana’s CEO, commented, "Traub Capital is an ideal partner for Mana, as they have been experts in our industry for decades. They will support us with needed strategic growth planning and in ensuring that, together, our customers are supported to the highest degree." He also noted they are committed to Mana’s inclusive, innovative and employee-centric culture, and that "Traub Capital has a strong appreciation for Mana’s leaders and employees."
Mana will continue to operate as Mana Products and its leadership team and workforce will remain in Long Island City, NY.
The acquisition allows Traub Capital to leverage Mana’s innovation, research & development and contract manufacturing capabilities as part of its vision for the company. In turn, Mana will leverage Traub Capital's strategic, operational and financial expertise.
"We are proud to partner with Mana, a clear leader in prestige beauty manufacturing. Mana partners with their customers at the height of innovation and quality, with a proud tradition of growth and delivery. Mana’s culture and legacy align with Traub Capital's organizational and cultural beliefs, and we think we are uniquely positioned to actively support them with their strategic growth plans," said Mortimer Singer, co-managing partner of Traub Capital on behalf of he and his partners, Geoffrey Lurie and Brian Crosby.
Robert Jaegly, Mana’s CEO, commented, "Traub Capital is an ideal partner for Mana, as they have been experts in our industry for decades. They will support us with needed strategic growth planning and in ensuring that, together, our customers are supported to the highest degree." He also noted they are committed to Mana’s inclusive, innovative and employee-centric culture, and that "Traub Capital has a strong appreciation for Mana’s leaders and employees."
Mana will continue to operate as Mana Products and its leadership team and workforce will remain in Long Island City, NY.
