Personal care ingredients supplier Safic-Alcan has acquired Ingredients Plus, a Malaysian-based specialty chemicals distributor.
Headquartered in Shah Alam, Selangor, Ingredients Plus promotes ingredients for personal and home care, as well as coatings, rubber latex and industrial applications, food and flavour & fragrance.
“Ingredients Plus has exceptional technical capabilities, boasting 3 labs for personal care, coatings and fragrances, making it a very strong match for the Safic-Alcan culture. We look forward to onboarding Chai and his team into our company” added Laurent Natal, Managing Director of Mergers and Acquisitions.
“Following our expansion into India about 6 months ago, it shows our commitment to further investing in the region. While Safic-Alcan has had a modest presence in Malaysia since 2012, joining forces with Ingredients Plus will create an even stronger platform to capture future growth in the region.” Yann Lissillour, CEO of Safic-Alcan.
“We are very proud to be joining the Safic-Alcan family. Their international network, technical focus, and entrepreneurial mindset make them a natural fit. We are excited about the new opportunities this will bring to our partners and customers across the region” said Chai Sien Theng, co-founder of Ingredients Plus.
