This investment helps spring ICS into a new phase of growth and expansion enabling ICS to further expand its R&D, sales and business development, and manufacturing services.
ICS will continue to be led by CEO and founder Sue Nichols along with the current management team.
“We are excited for this new phase in our growth. The investment represents a milestone for ICS and the global customer base we have established and will enable ICS to capitalize on the many growth opportunities in front of us,” said Sue Nichols, ICS founder and CEO.
“The investment accelerates our R&D, sales and business development, and manufacturing services in turn allowing us to provide even more services and support to our clients.”
Kyle Shaw, founder of ShawKwei stated: “Over the last 30 years, Sue has built ICS into a highly respected cosmetic packaging supplier supporting many of today’s global brands.
"We will be working with Sue to pursue strategic acquisitions in Asia, US and Europe to increase the depth and breadth of ICS’ already extensive capabilities and customer offerings.”
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