DMI Personal Care, a Wharton, NJ-based contract developer and manufacturer of beauty and personal care products, received an investment from TruArc Partners.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its development efforts.
Led by newly appointed CEO Kristopher Dover, as well as President Douglas Sylva, and COO Elaine Balady, DMI Personal Care is a contract developer and manufacturer of beauty and personal care products to growth-oriented customers. It offers product development and innovation, regulatory compliance, process engineering, manufacturing, and filling services in a cGMP facility with FDA registration and UL certification. The company focuses on the skincare, bodycare, color cosmetics and haircare product categories.
DMI operates a 320,000-square-foot, FDA-regulated facility in Wharton, NJ, featuring an in-house R&D and product development lab and state-of-the-art production capabilities.
