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Vantage Specialty Chemicals has purchased Desert Whale Jojoba Company, a U.S. grower, producer and processor of jojoba and jojoba-based derivatives, oils and specialty ingredients. The purchase includes Desert Whale’s farms.
This acquisition will strengthen the natural/organic offering of Vantage Specialty Chemical’s global personal care business under the Lipo brand. It will also allow Desert Whale more opportunities internationally.
Soraya Rohde, co-founder and president of Desert Whale, will join the Vantage personal care team to manage the jojoba and natural derivatives business. "The companies have complementary product lines, allowing us to elevate our combined technologies, providing innovative solutions for our global customers," said Soraya Rohde, business director of jojoba and natural derivatives, in a company press release.
"Adding Desert Whale to our personal care group exemplifies our commitment to providing a broad product portfolio and new technology with applications expertise to offer real benefits to our customers formulating with innovative, green and natural ingredients," noted Chris Humberstone, executive VP of personal care, in a company press release.
CIM Partners acted as advisors to Desert Whale in the transaction.