Diamond Wipes changes hands

Specialising in the contract manufacturing of disposable wet wipes and the filling of liquid cosmetic products, US-based Diamond Wipes has been acquired by River Associates Investments from Nolan Capital. Completed on 7 August 2026, the transaction marks the private equity firm’s second platform investment of 2026.

Headquartered in Chino, California, with a second manufacturing campus in Fredonia, Wisconsin, the contract manufacturer provides brands, distributors and retailers with an integrated offering spanning product ideation, R&D and formulation, manufacturing, filling, packaging, quality testing and distribution. Its capabilities serve the beauty market in particular, alongside the household care, disinfection and healthcare sectors.

With more than 30 years in business, Diamond Wipes plans to continue investing in its manufacturing capabilities under its new ownership and accelerate its growth, notably through bolt-on acquisitions. River Associates is specifically targeting manufacturers and contract manufacturers of wipes, liquid products and other cosmetics and consumer products.