IFF completes purchase of Lucas Meyer Cosmetics
International Flavors & Fragrances on Friday announced that it has successfully completed its acquisition of Lucas Meyer Cosmetics, a business of Unipex Group. The deal is reported to be worth €283m, says CosmeticsDesign.com.
Quebec City-based Lucas Meyer Cosmetics develops, manufactures and markets innovative ingredients for the cosmetics and personal care industries. The acquisition will give the IFF a better position in the industry.
The IFF is a leading global creator of flavors and fragrances used in a wide variety of consumer products.
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