Nu Skin Enterprises Inc., a health and beauty products company based in Provo, has purchased 3i Solutions, a manufacturer of ingredients for consumer markets through its proprietary encapsulation technologies. The company is based in Wooster, Ohio.
Nu Skin CEO Ritch Wood said, “3i Solutions has some of the deepest experience and knowledge in the industry of encapsulating ingredients for the cosmetic and nutritional supplement markets. Our sales force and consumers will benefit from an expansion of our product innovation such as improved absorption of nutritional ingredients, innovative ingredient delivery methods, controlled release of active ingredients and new delivery formats to meet a variety of customer needs.”
“We’re excited to be part of a larger organization that shares the same values as 3i Solutions,” said Charles Brain, president and CEO of 3i Solutions. “Together, we plan to accelerate our innovation and offer more solutions to our customers while also closely integrating our technologies with Nu Skin to enhance its already world-class product offerings.”
Terms of the transaction were not disclosed.