Givaudan, the global supplier of flavours and fragrances, is to acquire Drom. Founded in 1911, Drom is a global perfume house creating fragrances for consumer products and fine fragrance customers across the world. Drom is headquartered near Munich in Germany and has manufacturing facilities in China, Germany, the USA and Brazil. The company employs 489 … Read more
Yellow Wood Partners has entered into a definitive agreement to buy the Dr. Scholl’s business from Bayer for a purchase price of 585 million U.S. dollars. Dr. Scholl’s is synonymous with foot care. The brand has an over 110 year heritage with unmatched brand equity in the foot care category and the #1 sales position … Read more
KDC/ONE acquires Alkos Group Knowlton Development Corporation, a partner to beauty, health and personal care brands, announced the acquisition of Alkos Group, one of the top cosmetics manufacturers in France. Headquartered in Paris, Alkos Group comprises Inter Cosmétiques, Sagal Cosmétiques and Alkos Cosmétiques with a portfolio ‘Made in France’ products across make-up, skin care, cosmetic … Read more
Berry Global Group has completed the acquisition of RPC Group for a purchase price of approximately $6.5 billion, which includes approximately $4.3 billion of cash paid for the equity interest in RPC and $2.2 of net debt and estimated transaction related costs, subject to closing adjustments. The combination of Berry and RPC creates a leading … Read more
Givaudan, the global leader in flavours and fragrances, has completed the acquisition of Albert Vieille, a French company specialised in natural ingredients used in the fragrance and aromatherapy markets. Givaudan had announced that it had entered into exclusive negotiations to acquire the company in December 2018. Albert Vieille has special know-how in the realm of … Read more
Symrise has acquired the Italian biotech company Cutech in Padua. Cutech offers pre-clinical screening services for cosmetic ingredients and finished formulations. The purchase will expand the expertise of Symrise in the efficacy testing of cosmetic ingredients and open new opportunities for collaboration with partners from scientific institutions. It will also increase the go-to-market speed for … Read more
“Henkel delivered a good development in the third quarter. In a continuously challenging market environment with currency headwinds and higher material prices, we further increased sales, earnings and profitability. All three business units contributed to the positive development,” said Henkel CEO Hans Van Bylen. “The overall good organic sales growth was mainly driven by our … Read more
Creations & Parfums | Floressence, a subsidiary of Elixens has been acquired by Creations & Parfums. Floressence brings along strong international positions in Russia, Europe and Asia which will complement the ones of Creations & Parfums in Africa and the Middle East. Creations & Parfums has been achieving robust double-digit growth for the past five … Read more
Effective November 1, 2018, International Chemical Investors Group (ICIG) and WeylChem Group have acquired the Home Care, Cellulosics and Synthesis business of Catexel Group from Unilever Ventures. By acquiring Catexel Technologies Ltd. and Catexel Cellulosics Ltd. from Unilever Ventures, WeylChem Group broadens its portfolio of performance chemicals, providing access to additional markets in industrial & … Read more
The former AkzoNobel Specialty Chemicals is today being relaunched as Nouryon. The move follows the recent acquisition of the business by The Carlyle Group and GIC and marks the company’s transition to becoming an independent, global specialty chemicals leader. “Launching our new company is a significant milestone to add to our proud history and we … Read more
Liza Rapay has been named the new head of North America Marketing to run Cosmoprof Las Vegas (CPNA) in partnership with the Professional Beauty Association. All North America marketing operations and functions will report to her in the new Cosmoprof North America office located in New York City. Liza Rapay succeeds Daniela Ciocan, former CPNA … Read more
Ardian, a global private investment house, has entered into an agreement with Moonlake Capital to sell ADA International, a European manufacturer of hotel cosmetics. The management team will remain shareholders of the company. Financial terms will not be disclosed. Ardian Expansion Fund 111 acquired the company in 2014. Since then, the business has grown via … Read more
The French container glass manufacturer Saverglass sells its flacon business to the German manufacturer Heinz-Glas, which will expand its customer base and portfolio of own designs. Heinz-Glas, a specialist for complete packaging solutions, produces bottles and jars for the perfume and cosmetics industry and offers numerous finishing technologies as well as matching plastic closures for … Read more
The globally acknowledged “Home and Personal Care Ingredients Exhibition and Conference (HPCI)” portfolio, established and managed to great acclaim by Verlag für chemische Industrie H. Ziolkowsky GmbH (SOFW), has a new home. The HPCI events in Poland, Turkey and South Africa are now owned by Vincentz Network, the event in India by Exponova. “It was … Read more
Givaudan, the global supplier of flavours and fragrances, has completed the acquisition of Expressions Parfumées, a French fragrance creation house, from its current shareholders, Orfite and Expressions Parfumées’ management. Founded in Grasse in 1982, Expressions Parfumées is a pioneer of natural fragrance compounds and offers its NATCO range of perfumes designed to adapt to any … Read more
Givaudan completes acquisition of 40.5% of the shares in Naturex and confirms intention to launch cash tender offer for the remaining outstanding shares.
IFF and Frutarom announced that they have entered into a definitive agreement under which IFF will acquire Frutarom in a cash and stock transaction valued at approximately $7.1 billion, including the assumption of Frutarom’s net debt. Under the terms of the agreement, which has been unanimously approved by the Boards of Directors of both companies, … Read more
AptarGroup, Inc. announced that as of May 1, 2018, it has acquired Reboul from Vacheron Industries SAS. Reboul is a French leader in the design and industrial production of high-quality metal components, metal-plastic sub-assemblies, next generation lipstick mechanisms, and complete color cosmetic packaging solutions. This strategic acquisition brings to Aptar complementary and distinctive capabilities including … Read more
Weener Plastics (WP) Group acquires Latin American packaging solutions provider Proenfar from Altra Investments. The agreement was signed on 23 April 2018. With this acquisition, plastic packaging supplier WP continues its expansion in emerging markets and strengthens its product portfolio. The parties have agreed not to disclose the purchase price. The transaction is subject to … Read more
Seppic and Ecovia Renewables have entered into a partnership to develop and market high-performing, biobased and biodegradable polymers. Due to growing environmental awareness and increasing focus on health and wellness, consumers are looking more and more for natural and sustainable products. Seppic and Ecovia Renewables are partnering to offer high-performance and environmental-friendly ingredients to manufacturers … Read more
