Press Release

Sojourner Announces Acquisition of Lornamead

SHORT HILLS, N.J.–(BUSINESS WIRE)–Sojourner Consumer Partners (โ€œSojournerโ€), a private investment firm focused exclusively on the consumer sector, today announced the acquisition of certain assets of Lornamead North America from Lornamead, Inc. and Lornamead Group Limited (โ€œLornameadโ€ or the โ€œCompanyโ€). This transaction represents a strategic corporate carve-out, positioning the new Company as an independent entity poised for renewed growth and brand revitalization. Terms of the transaction were not disclosed.


The Company owns a portfolio of iconic personal care brands, including Yardley Londonยฎ, Finesseยฎ, Aqua Netยฎ, and Lypsylยฎ, and is the leading player in U.S. private label toothpaste and oral analgesics. Beloved by generations of consumers, these heritage brands are uniquely positioned to thrive in todayโ€™s marketplace, where shoppers seek trusted, high-quality products with authentic stories. Lornamead is primed for a modern revivalโ€”connecting with loyal consumers and new audiences alike across the omni-channel.

โ€œWe are excited to complete this acquisition and welcome Lornamead into the Sojourner family,โ€ said Rob DesMarais, Senior Partner of Sojourner. โ€œThis acquisition aligns with our strategy of investing in established consumer brands that will benefit from dedicated resources and strategic guidance. We look forward to supporting their transition to an independent company and unlocking its full potential.โ€

โ€œThe carve-out from Meiyume marks a significant milestone for Lornamead, and I want to personally thank all of our talented and committed employees while welcoming our new partner,โ€ commented Randy Sloan, President of Lornamead since 2008. โ€œWe are excited to leverage Sojournerโ€™s industry and digital commerce expertise, and we are well-positioned as an organization to embark on this new chapter and drive growth across our portfolio.โ€

In conjunction with the closing of this transaction, Emily Fong Mitchell has been appointed Vice Chair of the Company. Ms. Mitchell has two decades of experience with Colgate-Palmolive, where she held senior leadership roles across the Personal and Oral Care categories, with a focus on global markets.

The new Company will maintain its manufacturing and office facilities in Tonawanda, New York.

McDermott Will & Emery LLP served as legal advisor to Sojourner.

About Sojourner:
At Sojourner, we share a vision. Sojourner was founded in 2023 by Rob DesMarais, Zach Johnson, and Roger Dickhout with offices in New Jersey and Toronto (Ontario) to help proven consumer branded companies accelerate their growth sustainably. Our firm possesses significant experience in building and improving businesses, not just private equity investing or acquisitions. This operating capability is fully integrated into our investment process and serves as the foundation of our unique value-creation approach. Our complementary expertise in E-commerce, performance improvement, marketing, sustainability, and private equity investing enables us to help our companies realize their full potential. For more information, please visit sojoconsumer.com.

About Lornamead:
Lornamead, Inc. is a personal and oral care company with a long-standing heritage of trusted brands, including Yardley Londonยฎ, Finesseยฎ, Aqua Netยฎ, and Lypsylยฎ, and a commitment to quality and affordability. The Companyโ€™s products are sold in major retailers across North America. The Company is headquartered in Tonawanda, New York and has a legacy of delivering beauty and personal care solutions to generations of consumers. For more information, please visit https://www.lornameadna.com/.

Contacts

Jeremy Milner

Gregory FCA

[email protected]
(401) 862-9422

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