Givaudan has acquired a 48% stake in Nanovetores Group from Brazilian investment fund Criatec. The remainder will continue to be owned by the founding family. No financial details were disclosed.
Based at Florianopolis, Brazil, and employing 56, Nanovetores has developed technology for the water-based encapsulation of personal care using without the use of organic solvents. This is described as part of the company’s 2025 strategy to expand its Active Beauty business, complementing its expertise in vectorisation and encapsulation.
“Their technology allows for the use of less actives with better efficacy, contributing to clean cosmetic formulations in skin care, hair care, personal care and makeup, which our customers are increasingly interested in,” said Laurent Bourdeau, head of Givaudan Active Beauty.
