Clariant to acquire a 10% stake in Plant Advanced Technologies.

Clariant, a specialty chemical manufacturer is set to acquire a 10% stake in French cosmetics ingredients maker Plant Advanced Technologies. The partnership brings PAT’s research strengths in discovering and producing precious compounds from plant roots together with the claim substantiation and the marketing and sales expertise of Clariant’s Active Ingredients business. “We are delighted to join our forces with Clariant. Thanks to their vision, expertise, and knowledge, we will bring together new outstanding possibilities to the cosmetic market in terms of naturality, innovation, and performance," Jean-Paul Fevre, PAT President.