The website of Personal Care Global

Solabia acquires US cosmetic ingredients maker Applechem

Solabia has acquired a majority stake in Applechem, a US-based cosmetics technology producer.

Founded in 2003 by Dr. Samuel Lin within the Enterprise Development Centre of the New Jersey Institute of Technology, Applechem supplies a diverse range of ingredients for cosmetics, personal care and sun care formulations.

Solabia said the acquisition is part of the Paris-based firm’s strategy to offer a wider range of ingredients and to strengthen its market position as customers in personal care industry increasingly look for high-performance, easy-to-use ingredients.

It will also contribute to strengthen Solabia’s presence in the strategic US market, while providing new development opportunities to both companies in Europe and in Asia.

“This operation will allow both companies to benefit from their combined know-how, and to offer a broader portfolio of high-performance ingredients to an expanded customer base,” said chief executive Jean-Baptiste Dellon.

“It also fully supports our international development strategy and showcases our ability to attract successful companies into Solabia Group as we look to grow our business in markets with strong potential,” he added.

Dr. Lin will retain a minority share and remains CEO of Applechem.

“By combining Applechem’s specialty ingredient solutions with Solabia’s excellent actives portfolio, this new partnership will enable us to better serve our customers globally,” he said.

“Joining with the Solabia Group will allow our collective expertise in specialty functional ingredient technologies and high-performance bio-active platforms to accelerate the development of new innovative cosmetic ingredients.”

See more about Solabia

Upcoming Events

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

SEPAWA

Estrel Congress Center, Berlin
16th - 18th October 2024

Cosmetorium

Palau de Congressos de Barcelona
23rd - 24th 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

Upcoming Events

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

SEPAWA

Estrel Congress Center, Berlin
16th - 18th October 2024

Cosmetorium

Palau de Congressos de Barcelona
23rd - 24th 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

Step Communications Ltd, Step House, North Farm Road, Tunbridge Wells, Kent TN2 3DR
Tel: 01892 779999
www.step-communications.com
© 2024 Step Communications Ltd. Registered in England. Registration Number 3893025