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New Deal


Announced

Completed

Clariant completed the acquisition of Lucas Meyer Cosmetics from International Flavors & Fragrances for $810m.

Financials

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Transaction Value£667m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA16.3x
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

Private

Cross Border

Friendly

Single Bidder

Canada

Specialty Chemicals

ingredients for cosmetics

Completed

Synopsis

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Clariant, a provider of specialty chemicals for industrial manufacturing processes, completed the acquisition of Lucas Meyer Cosmetics, a provider of ingredients for the cosmetics and personal care industry, from International Flavors & Fragrances, a company that creates, manufactures, and supplies flavors and fragrances, for $810m. “The acquisition of Lucas Meyer Cosmetics is a prime example of how we implement our purpose-led growth strategy and support our goal of accelerating customer- and sustainability-driven innovation. The complementarity in customer portfolio, product portfolio, and regional strongholds and capabilities in R&D and in marketing make the combination of Clariant and Lucas Meyer Cosmetics a leading solutions provider for high value personal care brands," Conrad Keijzer, Clariant Chief Executive Officer.

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