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Surfactants acquisition announced

Innospec has announced that it will acquire the European Personal Care and Home Care business of Huntsman. Based in Belgium with manufacturing sites in France, Italy and Spain, the business employs approximately 430 people and has sales revenue of around $230 million.

The deal would significantly expand Innospec’s product line for foaming surfactants for the rinse-off segment as well as bringing complementary technologies for leave-on skin care and sun care. 

“Our renowned expertise and product development in sulfate-free surfactants has served us well as a growth strategy, however, we were always aware that in order to fulfil our vision to ‘take up more space in the bottle’ of cosmetics and toiletries we must meet a wider range of customer needs,” commented Samantha Thistleton, marketing manager of Innospec Performance Chemicals. “This proposed acquisition would give us an excellent opportunity to strengthen our position in EMEA and to better serve our customers with a much broader portfolio for personal care and home care products.” 

Bruce McDonald, President of Performance Chemicals at Innospec added: “The Huntsman business has a wellestablished presence in Europe and the range of technologies is very complementary to the existing Innospec range. Together, we would compete in a much larger part of the sector. 

The acquisition will form a springboard to continue Innospec’s successful development of innovative technology.” 

 

 

 

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Upcoming Events

in-cosmetics Global

Paris Expo Porte de Versailles
16th – 18th April 2024

NYSCC Suppliers' Day 2024

Javits Center, New York
1st - 2nd May 2024

9th Anti-Ageing Skin Care Conference

Royal College of Physicians, London
25th - 26th June 2024

in-cosmetics Korea 2024

Hall C, Coex, Seoul, South Korea
24th - 26th July 2024

in-cosmetics Latin America 2024

São Paulo, Brazil
25th - 26th September 2024

IFSCC 2024

Recanto das Cataratas Thermas Resort, Iguazu Falls, Brazil
14th - 17th October 2024

Access the latest issue of Personal Care Magazine on your mobile device together with an archive of back issues.

Download the FREE Personal Care Magazine app from your device's App store

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