Indena, producer of active principles derived from plants used in the pharmaceutical, health-food, and cosmetics industry, and DKSH’s Business Unit Performance Materials, a specialty chemicals distributor and Market Expansion Services provider with a focus on Asia, announced that Indena’s personal care ingredients will be distributed in China. The agreement between DKSH and Indena is part … Read more
Croda International has acquired IRB (Istituto di Ricerche Biotecnologiche SpA.). IRB entered the active ingredients market in 2009 after 10 years of research. In the emerging market of plant cell culture actives both in Personal Care and Health Care, IRB has a wide range of plant cell lines characterized by specific markers and is able … Read more
On July 2, 2012, an indirect wholly-owned subsidiary of Revlon acquired certain assets of Bari Cosmetics, Ltd., including trademarks and other intellectual property related to Pure Ice nail enamel and Bon Bons cosmetics. The Company used approximately $22M of borrowings under its 2011 Revolving Credit Facility, together with cash on hand, to fund the acquisition. … Read more
At the same time and in recognition of the continued development within the region, DKSH Performance Materials has opened a fourth China sales office in Beijing and strengthened the Management Team in China with the appointment of Kevin Bee as new Head Business Line Personal Care Industry. DKSH’s Business Unit Performance Materials, a specialty chemicals … Read more
Rexam PLC, the global consumer packaging company, announces the proposed sale of its Personal Care business for a total of $709m in cash (£452m at current exchange rates). The business is being sold in two parts: the Cosmetics, Toiletries and Household care products business (CTH) and the High Barrier Food packaging business (HBF). An affiliate … Read more
After having made public their non-binding proposal to acquire Avon for cash in April and after having sent a new offer on May 9th letter Coty has now withdrawn its letter.
Perfumania and Parlux Fragrances shareholders approved the merger of Parlux and a subsidiary of Perfumania, with 98.9% of the shares voted at the Parlux special meeting and 99.2% of the shares voted at the Perfumania special meeting voting in favor.
L’Oréal has closed the acquisition of 100% of Cadum, the majority of which was held by investment fund Milestone. In 2011, Cadum achieved consolidated sales of 58 million euros, 49 million euros of which in France, mainly with the brand Cadum. This business will join France’s Consumer Products Division lead by its General Manager Hervé … Read more
Albéa has acquired the company Zhongshan Meiquan Plastic Products Co Ltd belonging to the TEX R.L. group. Better known under the name TEX China, the company manufactures packaging for the cosmetics and perfumery sectors. Located in Guangdong Province in China, TEX China has 700 employees and 3 factories specializing in the production of mascara, lip … Read more
Coty Inc. has submitted a non-binding proposal to acquire Avon Products for $23.25 per share in cash in a mutually agreeable and negotiated transaction. The proposal, valued at approximately $10 billion, represents a very substantial premium of 27% over the three month volume-weighted average price for Avon shares. Coty has held extensive discussions with its … Read more
IMCD Group has acquired all shares of Jan Dekker International, a highly reputable distributor of personal care and food ingredients. Headquartered in Wormerveer, the Netherlands, Jan Dekker has 64 staff and sales offices in France, Germany, Poland, UK and Spain. In addition, it runs two laboratories, one in The Netherlands and one in France. The … Read more
Cremer Oleo, Europe’s manufacturer of oleochemical speciality esters, assumed control of the operations of the Witten facilities from the Sasol Group on 1.3.2012. The MCT oils under the brand names CremerCoor and Miglyol find widespread use in the food, pharmaceuticals and cosmetics segments. Cremer Oleo has achieved a unique position as the world’s only manufacturer … Read more
As part of its growth strategy, Symrise AG is focusing on emerging markets and rapidly growing market segments in 2012. In this context the Company recently finalized two acquisitions and a strategic partnership. Symrise purchased the Brazilian activities of fragrance manufacturer Belmay and will transfer these to its own site. Symrise is also strengthening its … Read more
3i and funds managed by 3i have agreed to acquire a majority stake in Geka, a manufacturer of brushes, applicators and comprehensive packaging systems for the cosmetics industry from Halder, an investor focused on medium-sized businesses. 3i is an international investor focused on private equity, infrastructure and debt management. The acquisition price is not being … Read more
Following a strategic review of Rexam’s our Personal Care business, which includes the High Barrier food container operation, the board recently decided that, given our focus on returns, it should be marketed actively for divestment in its entirety. We also believe that this will improve the range of projects in which we can invest in … Read more
Air Products has acquired Germany-based Rovi Cosmetics, a company active in the development of cosmetic actives and delivery systems for the European personal care industry. Terms of the deal were not disclosed. Rovi Cosmetics has 18 employees and provides targeted and differentiated delivery systems that enable personal care formulators’ performance and label claims in their … Read more
Ashland, a global supplier in specialty chemical solutions for consumer and industrial markets, completed its acquisition of privately owned International Specialty Products Inc. (ISP), a global specialty chemical manufacturer of innovative functional ingredients and technologies. The purchase was an all-cash transaction for $3.2 billion, subject to post-closing adjustments for changes in net working capital and … Read more
AkzoNobel has completed its acquisition of China’s leading specialty surfactant producer, Boxing Oleochemicals. Boxing is a supplier of nitrile amines and derivatives, which are used in a variety of industrial and consumer applications including fabric softeners, asphalt additives, and hair conditioners. Based in the province of Shandong, Boxing had revenues of approximately €100 million in … Read more
Brenntag has acquired Amco Internacional, a specialty chemical distributor headquartered in Mexico City, Mexico. Amco has nearly 30 years of experience in the highly specialized distribution of aroma chemicals, essential oils and food ingredients. About Amco Amco Internacional, a family owned business, is a flavors and fragrances raw materials distributor in the region. The company … Read more
Unilever has obtained the necessary regulatory clearances in Russia and Ukraine, and completed the acquisition of 82% of the outstanding shares of Concern Kalina, a Russian Beauty Company. The transaction will transform Unilever’s personal care business in Russia, giving it leading positions in skin care and hair care, as well as establishing a presence in … Read more
