Sector News

Safic-Alcan makes cosmetics acquisition in Poland

May 5, 2017
Chemical Value Chain

Safic-Alcan Poland, distributor of specialty chemicals and subsidiary of the Safic-Alcan Group, announces that it has acquired the business of Cosmetics Partner, a Polish distributor specialized in the personal care sector.

The company is the exclusive Polish distributor for Greentech, Inovia and other leading boutique suppliers. “The acquisition of the Cosmetics Partner business will enable us to diversify our range of personal care ingredients and to widen our portfolio offering in Poland”, stated Yann Lissillour, Director of Mergers and Acquisitions for the Safic-Alcan Group.

Cosmetics Partner distributes a wide range of natural ingredients, such as actives, extracts and complexes of extracts, vegetable oils and butters, essentials oils, scrubs and dyes.

“This acquisition will reinforce our presence in Eastern Europe, strengthen relationships with some key suppliers, and provide a solid platform for further growth in the Polish personal care market”, said Philippe Combette, CEO of the Safic-Alcan Group.

Source: Safic-Alcan

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