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

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.