Union Equity Acquires Blending Firm In Melbourne
By Space Coast Daily // May 19, 2012
BREVARD COUNTY • INDIALANTIC, FLORIDA – Union Equity Investments has acquired 100 percent ownership of Natural Product Laboratories of Melbourne.
Natural Product Laboratories blends FDA regulated custom personal-care products for the hotel, resort and destination spa industry.
The company’s client base consists of numerous top tier hotels, resorts and spas in the United States.
The Natural Product Laboratories facility produces the highest quality skin-care, personal care, hair, pet, babies and sunscreen products.
It specializes in formulizations of new product lines as well as reverse engineering existing products.
The staff includes a licensed chemist and certified microbiologist, with more than 25 years combined experience.
Its skilled production team and broad range of equipment allows them to accommodate almost any size order and packaging capabilities include a wide range of sizes for both professional and retail use.
“We are extremely excited to be working with Union Equity,” said Mel Wilt, the Director of Operations for Natural Product Laboratories. “We will now be able to expand operations and increase our production. We will be able to give customers the ability to create formulas and have a tangible asset to use to obtain funding and develop a product from just an idea.”
Union Equity officials agreed.
“Our ongoing efforts into diversifying Union Equity’s business spectrums gives us the opportunity to secure very attractive businesses with high potential for cash flow, thus enabling us to continue to expand the company’s portfolio and increase shareholder value,” said Charles Lance, Chief Executive Officer and Director of Union Equity.
Union Equity is a commercial truck leasing business engaged in leasing class 8 commercial trucks to owner operators located around the continental United States since 1999.
Natural Product Laboratories is at 320 Stan Drive in Melbourne.