French speciality ingredient distributor Safic-Alcan has acquired a majority stake in Avees Biocos, a personal care chemical distributor in India.
Based in Gurugram on the outskirts of Delhi, Avees Biocos has an innovation centre to develop unique formulation solutions for its clients.
Avees offers products such as biopolymers, preservatives, emollients, sensory modifiers, UV filters, active ingredients for skin and hair care, emulsifiers, fragrances and functional polymers.
Established in 2007 by Rahul and Deepti Sawhney, under the guidance and leadership of the late G.K. Sawhney, Safic-Alcan says Avees Biocos laid the foundations as the perfect partner to help source advanced technology ingredients and help formulate unique cosmetic products.
“This is a strategic move for Safic-Alcan to diversify its activities in the Asia-Pacific region and reinforce its personal care footprint with strong synergies now across continents. We are delighted to join forces with Rahul and Avees Biocos team,” added Safic-Alcan CEO Yann Lissillour.
Jose Lora, managing director, Life Sciences, said: “We are lucky to have already been working with Avees Biocos for many years as our distributor for our SAFIC’Care range. We feel that this is a very natural next step to take with Rahul and his very skilled team.
“I am delighted now that we can boast personal care activities in North and South America, Europe, Africa and Asia.”
