TAGS: Toiletries
Hand in Hand has announced that it has received an investment to support its continued growth from Bain Capital Double Impact. The investment will help introduce the brand to more consumers, amplify its commitment to sustainability and social impact, and accelerate new product development.
Formulates Sustainable Soaps
Hand in Hand, which uses the tagline Sustainable Suds™,
formulates soap and other personal care products using only clean ingredients and operates with a deep dedication to sustaining both people and the planet.
Hand in Hand is a mission-driven personal care brand with a robust give back program that aims to save lives through access to good hygiene and clean water. For every product purchased, Hand in Hand donates a bar of soap and clean water to a child in need. Over the past 10 years, the Company has donated over 13 million bars of soap and provided thousands with access to clean water.
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Hand in Hand resonates with consumers because we continue to push the boundaries with environmentally friendly, vegan, cruelty-free, and palm oil free products that work well and make the world a little better in the process. We’re thrilled to partner with Bain Capital Double Impact who supports our mission and our dedication to our global stakeholders and to continuing to have a profound impact through our business model,” said Glaab, who serves as CEO of Hand in Hand.
Develops Palm Oil Free Products
Hand in Hand also takes a leading position on sustainability that includes a unique, industry-leading, and portfolio-wide commitment to making only palm oil free products, and to educating consumers on the devastating environmental impacts and human rights abuses in the palm oil industry.
The Company has expanded its portfolio in lockstep with this concerted focus on strict ingredient standards, sustainability, and positive social impact. Hand in Hand products currently include bar soap, liquid hand soap, hand sanitizer, body wash, sugar scrubs, and lotions.
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The Company’s success affirms that prioritizing mission-driven principles and sustainability can drive accelerated growth. This investment represents an opportunity to build awareness and expand channel distribution and product categories as we seek to improve access to better for you, sustainable, and affordable personal care products that drive real impact,” said Cecilia Chao, a managing director at Bain Capital Double Impact.
Source: Bain Capital