Impact Colors Inc. has signed an agreement with Golden Business Class (GBC) to distribute its color effect pigments and products in Columbia, South America. Impact Colors has identified the country as a region of growth, with the fifth largest cosmetics industry in South America at US $6.2 bilion.
The agreement will increase Impact Colors' distribution in South America, but will also expand the color cosmetic products offered by GBC. Based in Bogata, Columbia, GBC is a principal seller and importer of cosmetic raw materials in Columbia. Its clients manufacture a spectrum of products, including nail polish and adornments, eye shadow, compact powders, and lipstick. GBC distributes to 70% of the nail polish brands in Columbia.
Impact Colors has distribution agreements with more than 30 partners in Europe, Asia, Australia and South America.