Sun Chemical and its parent company, DIC, have acquired Kingfisher Colours Limited, a privately-owned decorative cosmetics color manufacturer based in Reading, United Kingdom.
With the acquisition, Sun Chemical will expand its leading global position in the decorative color cosmetics marketplace. Together with Kingfisher’s complementary color portfolio, Sun Chemical can provide cosmetics formulators new, innovative styling looks while further expanding color space capabilities.
Additionally, Kingfisher’s European-based production sites will enhance Sun Chemical’s global cosmetics colors manufacturing capabilities and will allow for further penetration into developing markets.
“The addition of Kingfisher’s diverse, high quality product lines and specialized tailor-made products will further expand Sun Chemical’s cosmetics and personal care product offerings globally,” said Myron Petruch, President of Sun Chemical Performance Pigments. “Sun Chemical has experienced tremendous growth in the global cosmetics market and this acquisition will help us grow quickly into this strategic market and enable us to better serve our customers.”
James Ward, Supply Chain Director at Sun Chemical Performance Pigments, will manage Kingfisher Colours and its integration into Sun Chemical’s existing global cosmetics business led by Bart Vanderbiest, Global Director Cosmetics.
Source: Sun Chemical