International Flavors & Fragrances, a leading global creator of flavors and fragrances for consumer products, has completed the acquisition of Aromor Flavors and Fragrances Ltd., a privately held manufacturer and marketer of complex specialty ingredients that are used in fragrances and flavors. While terms of the transaction have not been disclosed, the Aromor operations would … Read more
Acquisition
Woresan has delegated the marketing and sales for its patented cosmetic active ingredients to NCD Ingredients. For the time being the agreed sales territories are Germany, Austria and Switzerland. Woresan develops and produces close to nature active ingredients from fermented organic rye flour, sustainable, 100% natural and cultivated in Northern Germany. These ingredients called Woresana … Read more
The global beauty company Coty has entered into an agreement to acquire Lena White, the largest international distributor of OPI, one of Coty’s brands. For the past 30 years, Lena White has served as OPI’s distributor in the UK for the professional and retail beauty channels. Through this purchase, Coty will directly lead the development … Read more
Following the approval of the Brazilian Anti-Trust Authority CADE, The Body Shop confirms the acquisition of 51% of Emporio Body Store in Brazil with the option of increasing its shareholding to 80% by 2019, as per the terms of the project announced on 15 October. About Emporio Body Store The Emporio Body Store believes that … Read more
Ileos has acquired Aphena Health & Beauty, a division of Aphena Pharma Solutions Holdings, Inc., who specializes in development and manufacturing of sampling vehicles for the color cosmetics and fragrance industries. Aphena Health & Beauty, managed by Dominick Montano has 60 employees and is located in Whippany, New-Jersey. The company is expected to post a … Read more
Colep, with headquarters in Europe, and Scitra, a United Arab Emirates based company, part of the Albatha Group, have announced a joint venture agreement to create an aerosol contract manufacturing operation in the UAE. The Joint Venture will operate under the name of Colep Scitra Aerosols. The parties will invest in expansion and improvement of … Read more
Global beauty company Coty has formed a new, wholly owned subsidiary in South Africa in order to direct, manage and fully operate all of its South African business as well as its business in 13 other African countries. The enhanced operating structure marks the latest important strategic move by Coty as it continues making strides … Read more
Inter Parfums’ wholly-owned subsidiary Inter Parfums USA entered into an agreement to acquire certain assets of the fragrance division of Oscar de la Renta, the international fashion house. Terms were not disclosed. Simultaneously, the firms entered into a worldwide and exclusive licensing agreement to create, produce and distribute perfumes and cosmetics under the Oscar de … Read more
Induchem was praised for the second time by the entire cosmetic industry for its new ingredient Neodermyl during the SEPAWA congress last week in Germany. With over 1,500 members, SEPAWA e.V. is the largest European professional association for the cosmetics, detergents/cleansers and the perfume industries. The decision on this award has been made by an … Read more
L’Oréal’s The Body Shop has acquired 51% of Emporio Body Store in Brazil with the option of increasing its shareholding to 80% by 2019. Founded in 1997 in Porto Alegre by Tobias Chanan, Emporio Body Store offers a complete range of beauty products sold through a franchise network. Brazil is the largest economy in Latin … Read more
Clariant, a global supplier of in specialty chemicals, has signed an agreement to divest its Detergents & Intermediates business to International Chemical Investors Group (ICIG). The total consideration of the sale amounts to CHF 58 million, out of which 20 million will be in cash at closing. The transaction is subject to regulatory approvals. “Having … Read more
Albéa has has finalised an industrial agreement with the Vacheron group, one of whose subsidiaries specialises in the anodization of aluminium parts in order to propose to its customers integrated metal-plastic solutions for all of its regions — Europe, Asia and North America—whilst maintaining project management for all plastic injection and assembly activities. Within this … Read more
Safic-Alcan, an international distribution group of chemical specialties, has acquired Laserson, a French chemical distributor. About Laserson Laserson is a french distributor of specialty ingredients for the cosmetic and pharma industries. The company supplies a large portfolio of ingredients. Based in Etampes – France, Laserson employs 21 people and achieved sales revenues of € 17.5 … Read more
Innospec Inc. has acquired Chemsil Silicones Inc and the Chemtec Chemical Co., from its private owners. Chemsil develops and markets silicone-based formulations to the personal care industry. Chemtec, which distributes a wide range of personal care ingredients, is focused on customers on the West Coast. The companies have combined sales of $40 million. Commenting on … Read more
As part of the completion of the carve out of the Rexam Personal Care, Cosmetics Division, purchased on December 31st, 2012, Albéa has terminated by mutual consent of a non-strategic subcontracting agreement with the North American supplier Sussex IM in cosmetic compact. This agreement was entered into back in 2009 by Rexam Beauty & Closures … Read more
Sussex IM, a provider of custom plastic injection molding solutions for multinational brand owners, has announced the purchase of the North American cosmetic compact business from the Albéa Group. The purchase includes reacquiring its internationally renowned Innovation Center, which offers customers innovation and product development expertise. In addition, it immediately gives SussexIM the autonomy to … Read more
Inter Parfums USA Hong Kong Limited, the newly created Hong Kong subsidiary of Inter Parfums, has entered into a 12-year exclusive worldwide license to create, produce and distribute perfumes and related products under China’s luxury brand, Shanghai Tang. The Company plans to launch its first fragrance under the Shanghai Tang brand in Spring 2014. Founded … Read more
Global Alternative Asset Manager The Carlyle Group has acquired Chesapeake, a global suppliers of value-added paper-based packaging products and services from Irving Place Capital and funds managed by Oaktree Capital Management. Capital for this investment will come from Carlyle Europe Partners III L.P., a €5.3billion fund that makes mid- and large-cap investments. Further terms of … Read more
To focus on its Fragrance Business Unit, Eurofragance sold its flavours division to the company Aromas y Fragancias Europeos S.L.U, part of the English group European Flavours & Fragrances PLC (EFF). The transaction is to guarantee the continuity of the flavours division and stimulate growth in years to come. With a history spanning 30 years, … Read more
Weener Plastic Packaging Group located in Weener (Lower Saxony) has restructured: Plasticum Group B.V. of the Netherlands, with its 300 employees and four European plants, will be integrated into the Weener Plastic Packaging Group as a subsidiary and Weener Plastik GmbH will continue under a restructured management. Plasticum supplements Weener’s product portfolio Plasticum manufactures plastic … Read more