Clariant agrees to acquire Lucas Meyer Cosmetics, a leading provider of high value ingredients for the cosmetics and personal care industry

Clariant has agreed to acquire the cosmetic ingredients business unit of IFF. For Clariant, this deal brings a chance to showcase the brand as a true specialty chemical company and for IFF it is a step towards focussing on other business wings with undivided attention. The deal might close in the first quarter of 2024 and is subject to regulatory approvals.

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