Core Insights - Industry rumors indicate that Mana Products, a long-established beauty contract manufacturer, is exploring "strategic options" amid workforce furloughs and an uncertain future [1][2] Company Overview - Mana Products was founded by Nikos Mouyiaris approximately 50 years ago and was acquired by Traub Capital Partners in 2020 following Mouyiaris's death in 2019 [2] - The company had previously pursued a sale that did not materialize, leading to its current operational challenges [2] Financial Performance - When exploring deal options, Mana Products reported earnings before interest, taxes, depreciation, and amortization (EBITDA) of around $20 million [3] Product Lines and Initiatives - Historically focused on makeup, Mana Products has expanded into skincare in recent years [4] - The company launched the "Artists at the Bench" initiative in 2022, featuring three makeup lines developed by Meredith Baraf, Marco Castro, and Rudy Miles [4] - Mana Products previously owned the Black Opal brand, which was sold in 2019 [4]