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Home > News > Cosmetics Industry News > IFF, the American flavor and fragrance giant, has acquired Spexim

IFF, the American flavor and fragrance giant, has acquired Spexim

ECHEMI 2019-09-26

body-fragrance

IFF, an American international fragrance and fragrance company, announced the acquisition of Speximo, a Swedish environmental emulsifier supplier. On September 17, International Flavors & Fragrances Inc. announced that it had acquired Speximo, a Swedish environmental emulsifier supplier, through its subsidiary IFF-Lucas Meyer Cosmetics (hereinafter referred to as IFF-LMC). The specific financial terms of the transaction have not yet been disclosed. Founded in 2012, Speximo has a leading global latex specialist team. Through cooperation with Lund University and Malmo University, Sweden has developed green, environmentally friendly, sustainable EQMULSE patented technology and EQLIPSE patent embedding technology, which can be applied to cosmetics, pharmaceutical and food industries. Industry.

The EQMULSE emulsification technology of Speximo can make the protective and medicinal cream preparations have unique soft touch and quick absorption effect. It is suitable for protecting products such as foundation, concealer, cream, skin cream and baby lotion. The technology is based on daily food research and development, and is very suitable for emulsions containing high value nutrients. The EQLIPSE embedding technology of Speximo can effectively protect the active ingredients and embed cosmetic powder and dry cream. At the same time, the technology can also protect the valuable ingredients in beverages or solid foods, masking the taste or odor. Nicolas Mirzayantz, chief executive of Scent Fragrance Division of IFF, said: "We are always looking for innovation and sustainable development. We hope to redefine and change our lifestyle. Speximo technology can help us develop more environmentally friendly products to meet consumers'sustainable needs. Please. " Antonio Lara, chief executive and President of IFF-LMC, said: "Speximo's technology and patents will further strengthen IFF-LMC's market leadership, and we look forward to Speximo joining the IFF family."

In recent years, IFF has made many acquisitions in the fields of natural raw materials, perfume and cosmetics. In May last year, IFF bought Frutarom, an Israeli flavor material manufacturer at a price of $7 billion 100 million. In December last year, IFF acquired the intellectual property rights of the three raw materials of Kermin Industries, the US raw material supplier, through its subsidiary IFF-LMC, and expanded its raw material portfolio. In 2016, IFF bought the Fragrance Resources of the German fragrance water development company. In addition, the American flavor and fragrance giant has been on the way to buy.

The US fragrance and flavor giant IFF has spent $7 billion 100 million to buy Israel's natural flavoring raw material manufacturer Frutarom, the American flavor and fragrance giant IFF, raw material supplier Kermin Industries, three natural environmental protection materials, intellectual property rights, international fragrance and fragrance company, IFF Buy German perfume development company Fragrance Resources

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