Jan. 3, 2012
/PRNewswire/ -- E Touch Holding Company ("E Touch") is pleased to announce that it has acquired the assets of European Touch Holding, Inc. (
), a portfolio company of American Capital, Ltd (Nasdaq: ACAS).
European Touch, located in
, is the maker of the world's finest pedicure spas and has been serving the nail grooming, salon and spa industries since 1985. European Touch continues to be in the forefront as the premier manufacturer and innovator in the field.
E Touch Holding Company is an affiliate of CPC Laboratories Inc. a
based FDA registered cGMP contract packaging manufacturer that serves a variety of domestic and international companies serving the household and personal care industries.
"The affiliation of E Touch Holding Company and CPC Laboratories will expand and streamline the product offering for both companies allowing for cross marketing and consolidation opportunities which will serve the future of both companies and their customers. We are excited about what this acquisition presents and the affiliation with the competencies that the Euro Touch team brings to CPC," stated Ms.
the Chairperson of CPC Laboratories, who will Chair the board at E Touch Holding Company as well.
E Touch Holding Company was advised on the transaction by CPC Capital, Inc. a middle market merger and acquisition advisory firm providing valuation and due diligence services to its client base. E Touch further tapped the legal counsel of two
based law firms Shefsky & Froelich and the law offices of
Ralph J. Schindler, Jr.
SOURCE E Touch Holding Company