Mergers & Acquistions
BolognaFiere Cosmoprof will complete the acquisition of Health &
Beauty, Ettlingen, Germany, in October and will boost print, digital,
and event managing capabilities with Health & Beauty’s 30 trade
magazines and European trade shows for the beauty industry in 14
countries. Terms of the deal were not disclosed.
Johnson & Johnson Consumer Inc. will acquire Zarbee’s, Inc.,
a private company that makes natural health care products, for an
Gerresheimer has expanded its Original Equipment Manufacturer
(OEM) capabilities with the acquisition of Sensile Medical AG, Olten,
Switzerland. Sensile Medical creates drug delivery platforms with
digital and electronic capabilities for pharmaceutical and biopharmaceutical
customers. The transaction will cost approximately €350
million ($405.9 million). In other news, Gerresheimer will close its
inhaler-manufacturing plant in Küssnacht, Switzerland plant by the
end of 2019 as part of a restructuring initiative.
Kinetik Technologies is partnering with Ingredion to distribute Ingredion’s
plant-based ingredient solutions to beauty and personal care
manufacturers in the U.S., including small to mid-size companies.
Terms of the deal were not disclosed.
Agilex Fragrances has acquired Los Angeles-based Fragrance West,
helping to expand the company’s presence on the West Coast, especially
in the home and air care perfumery market. Agilex Fragrances
46 Spray September 2018
is a Firmenich Group company. Terms of the transaction, which was
completed in July, were not disclosed. Fragrance West was formerly
owned by the Horn Co.
Azelis has extended a distribution agreement with Lonza to offer
Lonza’s personal care specialty ingredients in UK, Ireland and Italy.
Azelis also works with Lonza in the personal care markets in Austria,
Benelux, Germany, the Nordic countries, Russia, Switzerland and
BASF and Mazza Innovation have inked an exclusive, long-term supply
agreement for Mazza to provide BASF with specific plant extracts
to expand and develop new solutions for personal care and cosmetic
applications. Mazza uses PhytoClean technology, a water-based extraction
method, to extract bio-actives from plants.
Borealis, a provider of polyolefins,
base chemicals and fertilizers,
has acquired all the shares
in Ecoplast Kunststoffrecycling
GmbH, a Wildon, Austria-based
plastics recycler. This transaction
is subject to regulatory approvals.
Ecoplast processes about
35,000 tonnes of post-consumer
plastic waste from households and industrial consumers each year,
turning them into high-quality LDPE and HDPE recyclates. Spray