Announced
Completed
Synopsis
Eternis, a wholly-owned family business active in the fragrance and flavour industry, completed the acquisition of Sharon Personal Care, a global supplier of innovative ingredient solutions for a broad range of personal care products, from Tene Investment Funds, a private equity firm. Financial terms were not disclosed. "I see very positive outcomes as we enter into this new partnership. Our combined manufacturing and distribution footprints across India, Europe, Asia and US will offer a robust supply chain. Further, this partnership will enable us to reach Asia-Pacific with personal care products ensuring more customers can experience the brand’s high-quality and innovative offerings. I am very excited about our future, together. On a personal note, as a leader, I’m happy for the exciting times to come, where we will plug-in and continue to grow & innovate," Naama Eylon, Sharon PC CEO.
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