For Immediate Release
MIKE DUDEK – Zygoquest Group
Announces the Acquisition of Cosmedix by Aloette
Dudek, Zygoquest Specialize in M&A Services
For Buyers and Sellers
Philadelphia, PA – November 2004 – Zygoquest Group "seeking to unite” announced that they served as an advisor on the acquisition of CosMedix by Aloette. Terms of the transaction were not disclosed.
CosMedix, founded by Ben Johnson, M.D. and headquartered in Lakewood, CO, is a leading distributor of chirally correct medical skin care products (www.cosmedix.com). Aloette, owned by Christie and Bob Cohen and headquartered in Atlanta, GA, is the industry leader in aloe-based skin care and beauty products (www.aloette.com).
Formerly Bob Cohen was a primary owner and builder of Atlanta Legal Copies - an $85 million document-services and legal reprographics firm with 2,500 employees in 26 cities acquired by Dudek for Ikon in his former capacity as Ikon’s Vice-President of Acquisitions.
Aloette, ranked by Forbes Magazine as one of “America’s Top 200 Small Companies” is one of the country’s leading direct sales skin care and cosmetics companies. Retail product sales last year exceeded $25 million. The Company continues to expand its brand presence through the offering of product collections on the Home Shopping Network (HSN), a global television retailer and other electronic media such as infomercials.
About Zygoquest Group and Mike Dudek
Zygoquest provides customized merger and acquisition services to buyers and sellers of companies. Mike Dudek, President and owner of Zygoquest, is the author of over 300 M&A consummated transactions. Dudek is the #1 M&A authority in the office products, document services, systems integration and telecommunication-dealer industries. Our website contains deals you will recognize.
=====================================================================
Contact: Mike Dudek, President and CEO - Zygoquest Group
mdudek@zygoquest.com www.zygoquest.com Phone: (610) 873-6555