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Plant active business acquired

Indena, the Italian company operating in the identification, development and production of high quality active principles derived from plants, for use in the pharmaceutical, health-food and personal care industries, has reached an agreement to sell its cosmetics business to Givaudan.

In order to sustain this acquisition process, the two companies are entering a manufacturing and innovation partnership to support a key role in the active cosmetics industry.

Headquartered in Switzerland with local presence in almost 150 locations, Givaudan is a leader in Active Beauty and in the creation of flavours and fragrances. In close collaboration with cosmetics, food and beverage, consumer product and fragrance partners, Givaudan develops ingredients that delight consumers all over the world.

“We believe that Givaudan, with its very long history and tradition in innovating taste and scent, coupled with its strong commercial presence, is the right partner to further strengthen this business in the future,” said Daniele Giavini, managing director of Indena. “Givaudan’s culture and its knowledge of natural cosmetic ingredients, as well as the use of the latest sustainable biotechnologies to create high performing functional products, fit well with the philosophy we have consistently adopted at Indena throughout our history. We are in favour of this transaction, as it enables Indena to focus on its core markets, Pharmaceuticals and Health-food, while continuing to support the cosmetic ingredients business which has been a valuable part of our portfolio.”
Based on the long term partnership agreement signed by Indena and Givaudan, Indena will continue to manufacture ingredients for Givaudan and to provide innovation capabilities and other supporting services. 

 

See more about Givaudan

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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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