AkzoNobel today announces the sale of 100% of its Specialty Chemicals business to The Carlyle Group and GIC for an enterprise value of €10.1 billion. This transaction creates two focused and high performing businesses – Paints and Coatings, and Specialty Chemicals – as part of its strategy announced in April 2017. The transaction is expected … Read more
As part of its 2020 strategy to strengthen its capabilities in natural flavour solutions for its customers, Givaudan has entered into an agreement to acquire 40.6% of the shares of Naturex, a French public listed company, for EUR 135 per share and a total consideration of EUR 522 million. This agreement is subject to all … Read more
Kolb Distribution, wholly owned subsidiary of Kuala Lumpur Kepong Berhad (KLK), acquired Elementis Specialties Netherlands (ESN). Elementis Specialties Netherlands is now wholly owned by Kolb and renamed to KLK Kolb Specialties B.V.. KLK Kolb Specialties manufactures surfactants and further specialties and will expand the existing Kolb business portfolio in terms of product range and market … Read more
Plastic packaging supplier Weener Plastics (WP) Group, headquartered in the Netherlands, has acquired bottle manufacturer Artpack in Russia. The transaction closed on 20 February 2018 for an undisclosed amount. This acquisition fits perfectly within WP’s global expansion strategy. Artpack, founded in 2003, is strategically located in Dzerzhinsk, Nizhny Novgorod Region – approximately 400 km east … Read more
2M Holdings Ltd (“2M”) is delighted to announce that, following its recent acquisition of Dusseldorf based company CE-O2 GmBH, it has now acquired Franken-Kosmetik-Chemiehandel GmbH & Co. KG (“FrankenChemie”), a privately held, distributor of specialty chemicals, based in Nuremberg, Germany. Mottie Kessler MBE, Chairman & CEO of 2M said: “2M is seeking opportunities to expand … Read more
Gallinée, the skin care range focusing on the skin’s microbiome, has closed its series A financing round with Unilever Ventures acting as lead investor. Gallinée is the first personal care brand to focus exclusively on the growing science of the human bacterial ecosystem, a major revolution in health, and a new field of research in … Read more
In order to complement its portfolio and fulfill its growth objectives, particularly outside the Euro area, Groupe Rocher has entered into a definitive agreement to acquire Arbonne International, a leader in direct selling of botanically based beauty, personal care and nutrition products. Arbonne offers a wide range of vegan skincare, bath and body, and nutrition … Read more
Sabic has acquired a 24.99% stake in Clariant, a global supplier in specialty chemicals. The acquisition of these stakes, which were previously held by White Tale and 40 North, makes Sabic the largest Clariant shareholder. As is customary in the industry, Clariant was informed of Sabic’s intention to acquire the shares prior to the transaction. … Read more
Eurofragance, a company specialising in fragrance design and creation, is entering the United States market by acquiring a majority shareholding in Fragrance Design, based in Atlanta (Georgia). Eurofragance, which already operates in the American market through a plant and creative centre in Mexico, is now entering the United States. Fragrance Design by Eurofragance will keep … Read more
Colgate-Palmolive Company, as part of its strategy to focus on its higher-margin oral care, personal care and pet nutrition businesses, has purchased PCA Skin and EltaMD, two of the fastest-growing brands in professional skin care, in two separate transactions. These acquisitions will enable Colgate to enter the attractive professional skin care category while complementing its … Read more
Sun European Partners has announced that one of its affiliates has entered into exclusive negotiations to sell Albéa, a global supplier in the BPC packaging industry, to Funds advised by PAI Partners (“PAI”). The proposed transaction is subject to customary regulatory approvals. Albéa is a global packaging company, providing a wide range of solutions for … Read more
DSM has acquired Amyris Brasil and has established a long-term manufacturing partnership for Amyris’s high-volume products. About DSM DSM delivers solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM and … Read more
KLK announced that its wholly owned subsidiary Kolb Distribution AG had on December 11 entered into an agreement with Elementis plc to acquire Elementis Specialties Netherlands (ESN), located in Delden, the Netherlands. Completion of the sale, which is subject to completion of employee consultation processes, receipt of regulatory clearances and other customary closing conditions, is … Read more
GPack has signed an agreement with Oaktree Capital Management LP to acquire Alliora Coffrets, based in Fougères, France. The acquisition is part of GPack Group’s ongoing development strategy centered on expanding throughout Europe. The strength of a group Formerly known as Cartotecnica Goldprint, GPack originally specialised in the production of luxury packaging for cosmetics and … Read more
Virojanglor, a supplier of metal packaging for the premium cosmetics, wines and spirits markets, acquires French company Interesting Sourcing, specialised in the manufacturing and global management of multi-material packaging. With their similar business models based on historic, exclusive partnerships with the most innovative factories, Virojanglor and Interesting Sourcing will continue as a single entity to … Read more
Shiseido will transfer the prestige skin care brand, RéVive, which is owned by its subsidiary, Shiseido Americas to Tengram Capital Partners. RéVive had been owned by Gurwitch Products which joined Shiseido Group in July 2016 and merged by absorption by Shiseido Americas in December 2016. The Shiseido Group has been promoting a selection and concentration … Read more
Shiseido Americas, the company’s consolidated subsidiary and regional headquarters for Americas, has acquired Giaran, an award winning, data driven company with technology in artificial intelligence (AI) platforms, to transform the consumer experience and take personalised beauty to the next level. Founded in 2016 from a research lab spinoff within Synergetic Media Learning Laboratory (SMILE Lab) … Read more
The Gpack Group plans to acquire Alliora Coffrets, held by the funds managed by Oaktree Capital Management L.P. in order to develop its packaging activities in the luxury market, in particular on the French market.This transaction is subject to consultation with the employee representative bodies in France as well as the usual closing conditions and … Read more
Henkel signed an agreement to acquire Zotos International, the North American Hair Professional business of Shiseido Company, for 485 million US dollars. The acquisition comprises hair professional brands such as Joico and Zotos Professional. “This acquisition is part of our strategy to expand our position in attractive markets and categories. It will further strengthen our … Read more
Clariant and Huntsman Corporation have mutually terminated their proposed merger of equals. The decision was unanimously approved by the Boards of Directors of Clariant and Huntsman. Both CEOs remain convinced that the proposed merger of equals as agreed to on May 21, 2017, would have been in the long-term best interests of all of their … Read more
