- In April 2024, Clariant completed its acquisition of Lucas Meyer Cosmetics for approximately USD 810 million, aiming to strengthen its high-value cosmetics ingredients portfolio. This move aligns with Clariant's sustainability-driven growth strategy, enhancing its ability to meet the evolving needs of the cosmetics industry while expanding its footprint in the growing market for eco-friendly ingredients
- In April 2024, Ashland launched new platform technologies to promote sustainability and innovation within its product offerings. These technologies focus on addressing environmental challenges, such as reducing waste and improving energy efficiency, while also meeting the specific needs of customers. This reflects Ashland's commitment to responsible innovation, supporting sustainable practices across the chemical industry
- In January 2022, Symrise AG signed an agreement to acquire Schaffelaarbos, the European leader in egg protein for pet food, as part of its global expansion strategy in pet nutrition. Integrating Schaffelaarbos with its existing U.S. operations, including ADF/IsoNova, will strengthen Symrise’s capabilities in delivering innovative, high-quality protein solutions to meet the growing demands in the pet food industry
- In March 2022, Sharon Labs finalized its acquisition of RES Pharma Industriale (RPI), a specialized chemical manufacturer in Italy, to enhance its Personal Care division. The purchase integrates RPI’s advanced technology, R&D, and production capabilities into Sharon’s operations, allowing it to better serve its customer base with high-quality ingredients and sustainable solutions in personal care products
- In December 2021, Symrise AG acquired Giraffe Foods Inc., a leading Canadian manufacturer of customized sauces, dips, dressings, syrups, and beverage concentrates. This acquisition expands Symrise’s Flavor & Nutrition sector, offering innovative solutions and broader offerings to a growing North American customer base. The deal positions Symrise for faster growth in the region’s home meal replacement and foodservice markets
- In August 2021, Clariant finalized the acquisition of the remaining 70% of Beraca, a Brazilian company specializing in personal care specialties. Clariant had owned a 30% stake since 2015 and now fully integrates Beraca’s sustainable product portfolio into its operations. This acquisition strengthens Clariant’s market position in natural ingredients, particularly in South America’s booming cosmetics sector
- In February 2021, The USD 42.9 billion merger between International Flavors & Fragrances Inc. (IFF) and DuPont’s Nutrition & Biosciences (N&B) was completed, creating a global leader in food, beverage, and health ingredients. The merger resulted in a modernized brand, combining IFF’s flavors and fragrances with DuPont’s biosciences to deliver innovative, sustainable solutions across various industries
- In December 2021, Clariant acquired BASF's U.S. attapulgite business in a USD 60 million cash deal, aiming to expand its sustainable business in North America. The acquisition of BASF’s attapulgite assets enhances Clariant’s capabilities as a major producer of this natural clay material, which is used to eliminate pollutants in renewable fuel production, further strengthening its environmental offerings
