CLARIANT

Clariant, a sustainability-focused specialty chemical company, today announces that it has completed the acquisition of Lucas Meyer Cosmetics, a leading provider of high-value ingredients for the cosmetics and personal care industry, from IFF for an Enterprise Value (EV) of USD 810 million (~ CHF 720 million). Purchase price will be subject to customary net debt and working capital adjustments. The transaction further increases Clariant’s exposure to the active and functional cosmetic ingredients market in the Business Unit Care Chemicals. 
www.clariant.com