Vivos Holdings and Nice-Pak Merge to Enhance Market Reach
Vivos Holdings and Nice-Pak Join Forces for Growth
In a significant move within the hygiene and personal care sector, Vivos Holdings, LLC has successfully merged with Nice-Pak Products, Inc. This merger not only unites two industry leaders but also sets the stage for enhanced collaboration and growth opportunities across various product categories.
Transforming the Hygiene Product Landscape
Richard Koulouris, the Chief Executive Officer of Emprise Group, expressed excitement about this transformative moment for the organization. As a fully employee-owned ESOP holding company, Vivos is poised to leverage this merger to create an extensive solutions platform for brand owners and retailers alike. Koulouris noted that Vivos brings robust operational capabilities while Nice-Pak is renowned for its commitment to innovation and sustainability.
Impact of the Merger on Operations
The combination of these two companies is expected to bolster Vivos' operational footprint and significantly enhance its product development capabilities. This expanded reach will allow both entities to provide a wider array of private brand and co-manufacturing hygiene and personal care products. Koulouris acknowledged the dedication of all team members from both companies, emphasizing that their hard work made this merger possible.
Looking Ahead: A Focus on Innovation
Nice-Pak, established in 1957 and headquartered in New York, has long been a leader in producing innovative wipes for health and wellness. Its reputation is built on a history of creating numerous pioneering products, including the Original Wet-Nap® and the first resealable baby wipes travel pack. The merger with Vivos is set to fuel further innovation in the hygiene market.
About Emprise Group, Inc.
Based in St. Louis, Emprise Group, Inc. focuses on growing its portfolio through diverse investments in middle-market consumer product manufacturing businesses. By fostering collaboration among its entities, Emprise empowers these organizations to utilize their strengths for accelerated growth. For further details regarding Emprise Group, visit emprisegroup.com.
Frequently Asked Questions
What prompted the merger between Vivos Holdings and Nice-Pak?
The merger aims to combine resources and expertise to enhance the offering of hygiene and personal care products in the market.
How will this merger benefit the consumers?
Consumers can expect an improved range of health and wellness products as the merger aims to foster innovation and operational excellence.
Who is leading the new combined entity?
Richard Koulouris, the CEO of Emprise Group, is leading the newly merged organization, focusing on growth and strategic direction.
What is the significance of being a 100% employee-owned company?
This structure fosters a strong sense of ownership among employees, motivating them to contribute to the company’s growth and success.
What history does Nice-Pak have in the hygiene industry?
Nice-Pak has a long-standing legacy as a leader in innovative hygiene products, being established in 1957 and known for producing market firsts like resealable wipes.
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