Ultra Chemical has acquired all business operations of K3 Corporation, a Baltimore-based supplier of active ingredients for skin and lip care.

WHO: For over 20 years, K3 has supplied the highest-quality active ingredients for lip care and skincare formulations. Products within the K3 Corp portfolio include unique and patented green and organic active ingredients. The flagship product K3 Vita C is a highly stable water-soluble vitamin C derivative that is effective in collagen synthesis at very low usage levels and does not discolor formulas.

A family-owned business founded in 1992, Ultra Chemical is a supplier and manufacturer of customized ingredients and specialized services for the progressing personal care industry.

WHY: The shift in ownership will allow Ultra to streamline its portfolio and the services that support them as well as create closer ties to its suppliers.

IN THEIR OWN WORDS: Jim Lynch, Vice President of worldwide sales at Ultra Chemical, said, “The K3 product line has always complemented the Ultra catalog of scientif­ically proven, high-quality ingredients. We see the value in the technologies and wanted to bring it in house, providing us the opportunity to increase sales reach and grow the portfolio.”

DETAILS:

• Ultra Chemical has acquired all business operations of K3 Corporation.
• Prior to the purchase, Ultra and K3 have been actively engaged as business partners for 15 years, with Ultra being a US distributor for the K3 line of products.
• K3 will focus efforts on innovation, where it will pursue and develop new personal care ingredients, marketed through Ultra.
• The change in ownership will become effective on December 1, 2020.