Global alternative asset manager Carlyle has acquired ADA Cosmetics, an integrated supplier of hotel amenities and cosmetics, from Halder Private Equity. The management will continue to retain a minority stake. Financial terms of the transaction were not disclosed. Headquartered in Kehl, Germany with approximately 270 employees, ADA has established itself as the largest supplier of … Read more
Colgate-Palmolive, as part of its strategy to focus on its higher-margin oral care, personal care and pet nutrition businesses, has agreed to purchase the Sanex personal care brand from Unilever PLC for €672 million (approximately US$940 million). Sanex is a premium-priced personal care brand with a distinct positioning around healthy skin and strong market share … Read more
The purchase agreement for the acquisition of around 79% of the share capital of Huta Szkla Czechy (HSC) was executed for a total price slightly less than 7 million euro. The purchase has been executed through a bank financing which anyway does not affect the already low financial debt of the Zignago Vetro Group. HSC … Read more
Merck KGaA and Sachtleben Chemie GmbH will expand their strategic alliance for mineral UV filters, which was established in 1995. Merck and Sachtleben co-develop inorganic UV filters based on microfine titanium dioxide. Merck is responsible for the cosmetic application technology, customer service and marketing, Sachtleben for production. The customized UV filters are needed worldwide for … Read more
Azelis, a pan-European specialty chemicals distributor, has signed a definitive agreement to acquire S&D Group Limited, a specialist supplier of raw materials and ingredients to the pharmaceutical, food, personal care and performance chemicals industries. The acquisition of S&D Group is strategically important as it will significantly strengthen the Azelis Life Science business (Pharma, Food & … Read more
The HallStar Company, a Chicago-based specialty chemistry company, has acquired BioChemica International (www.biochemica.com), a supplier of exotic butters and oils for use in personal care products. The acquisition represents a strong move into the burgeoning natural and organic personal care products market. The industry recorded $3.8 billion in sales in 2009, boasting a 14 percent … Read more
Nalco has sold its Performance Products Group (PPG) to The Lubrizol Corporation for $166 million. "Our personal care business is more product oriented than service oriented and not a strategic fit with our emphasis on providing sustainability services for industrial water, energy and air applications," said Nalco Chairman and Chief Executive Officer J. Erik Fyrwald. … Read more
Albéa (previously Alcan Packaging Beauty) acquires the Betts Group, a producer of laminate tubes that operates 6 plants in the UK, Poland, Mexico, India and Indonesia. With this new acquisition, Albéa becomes the global leader in plastic and laminate tubes and reinforces its positions in emerging markets, especially India, to develop its wide product portfolio … Read more
Beiersdorf AG is selling its selective skin care brand Juvena and its premium hair care brand Marlies Möller. Both brands belong to the Swiss-based La Prairie Group and will be sold to Troll Cosmetics GmbH in Austria. The two parties have agreed not to disclose the purchase price. The decision to sell the brands is … Read more
