Registrar Corp Acquires Personal Care Regulatory to Expand Global Compliance Services
Deal News | Dec 09, 2024 | PR Newswire Cision Registrar Corp
Registrar Corp, the world's leading cosmetics compliance firm, has announced the acquisition of Personal Care Regulatory (PCR) Group, a prominent regulatory, toxicology, and compliance company situated in the UK and Ireland. The acquisition aims to enhance Registrar's global regulatory compliance services, combining PCR's expertise in EU and UK cosmetics regulations with Registrar's established prowess in U.S. FDA compliance. This strategic move is set to provide comprehensive compliance services, ensuring product safety, and regulatory adherence across multiple jurisdictions. Key offerings highlighted in the expanded services include comprehensive cosmetic compliance services, UK and EU regulatory expertise, toxicology support, and a proprietary ChemComply software platform to aid businesses. The acquisition underscores Registrar Corp’s commitment to supplying straightforward and effective compliance solutions to the cosmetics industry, poised to serve nearly 900 million people across the US, Canada, UK, and EU. This consolidation represents a pivotal growth milestone for Registrar Corp, with PCR Founder Mojgan Moddaresi and Raj Shah, CEO of Registrar Corp, expressing optimism for the enhanced capabilities and market reach.
Sectors
- Regulatory Compliance
- Cosmetics
Geography
- United Kingdom – PCR is based in the UK, and the acquisition helps Registrar Corp boost its regulatory services in this region.
- United States – Registrar Corp is a US-based company and the acquisition strengthens their services for compliance across US regulations.
- Ireland – PCR operates in Ireland, which forms part of the company's regional expertise in EU regulations.
- European Union – The acquisition sees an expansion of Registrar Corp’s compliance services within the EU cosmetics market.
Industry
- Regulatory Compliance – The acquisition enhances Registrar Corp’s expertise in global cosmetics regulatory compliance, a sector focused on ensuring product safety and adherence to regulations.
- Cosmetics – Both Registrar Corp and Personal Care Regulatory operate within the cosmetics industry, providing compliance and regulatory services specific to skincare, haircare, and other cosmetic products.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Registrar Corp | Acquirer | Company | The world's largest regulatory compliance company, enhancing its global reach through the acquisition. |
| Personal Care Regulatory (PCR) Group | Target | Company | A UK and Ireland-based firm specializing in cosmetic regulatory compliance, toxicology, and compliance services. |
| Mojgan Moddaresi | Founder and Managing Director of PCR | Person | Mojgan Moddaresi expresses enthusiasm about combining efforts with Registrar Corp to enhance service capabilities. |
| Raj Shah | CEO of Registrar Corp | Person | Raj Shah speaks about the strategic importance of the acquisition and enhanced compliance services. |