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Growth Ambitions at Clariant
The Company Wants to Acquire Leading Manufacturer of Cosmetic Ingredients
Clariant wants to acquire Lucas Meyer Cosmetics. The company is considered a leading supplier of high-quality ingredients for the cosmetics and personal care industry. The Swiss specialty chemicals company is to acquire the manufacturer of International Flavors & Fragrances for a total of 810 million US dollars. Clariant says, with the acquisition it aims to strengthen its focus on consumer markets as well as its presence in North America. Lucas Meyer is to be merged with the Swiss company's personal care portfolio. Clariant says it further aims to become one of the leading companies in the field of high-quality cosmetic ingredients through this acquisition. The transaction is expected to be completed in the first quarter of 2024. Further information …