NEWS
World’s largest yeast maker targets cosmetic ingredients
The 173-year old French company Lesaffre, the world’s largest producer of yeast, has launched Innosya Cosmetic Ingredients to capitalise on the growing demand for products derived from fermentation. The first products will be
unveiled during the in-cosmetics Global trade show in April in Paris, France.
With Innosya, Lesaffre aims to
become a recognized player in the B2B cosmetics market by 2030, offering a comprehensive range of patented fermentation-based ingredients, with a particular focus on supporting skin ageing. Lesaffre says fermented cosmetic
ingredients represent an eco- friendly, effective, and high-quality solution that can complement or even replace traditional components derived from petrochemicals. Faced with the environmental impact of plant extraction,
increasing pressure on agricultural land, and rising consumer demand for more natural and sustainable products, the cosmetics industry is exploring innovative alternatives and reshaping the composition of its products. Innosya’s expertise lies in
the combination of agility and innovation from a team of experts based near Paris, who seamlessly blend creativity with scientific excellence, and the strength of Lesaffre as an international group. A dedicated formulation
laboratory has been established, enabling the team to provide
tailored solutions that meet the specific demands of stakeholders in the cosmetics sector. Innosya builds on a strong
heritage rooted in Lesaffre’s renowned expertise in nutrition, health, and biotechnology to enter the personal care market with tailored solutions that align with the specific standards of the cosmetics sector.
“With Innosya, we are shaping
a new era of beauty by harnessing the power of fermentation to serve a more responsible cosmetics industry,” said business development director Bénédicte Toulemonde. “We look forward to engaging with industry stakeholders to present our product portfolio at this year’s in-cosmetics Global trade show and collaboratively shape the future of beauty through fermented solutions,” she added.
Eigenmann & Veronelli acquires Polish distributor
Italian speciality chemical distributor Eigenmann & Veronelli has signed an agreement to acquire the majority shareholding in Polish counterpart Cornelius Polska. Established in 2007 and
headquartered in Warsaw, Poland, Cornelius Polska is active in the beauty & personal care, food, and industrial markets. Employing 28 people, Cornelius
Polska reported annual revenues of around €16m ($18.8m) last year. Eigenmann & Veronelli said
the acquisition would strengthen its presence across Europe and
unlock new growth potential in the beauty and personal care, food, and industrial markets. “This is an important milestone in
expanding our footprint in Europe,” added CEO Gabriele Bonomi. “Cornelius Polska brings deep local market knowledge, a loyal
customer base, and a strong platform for growth across multiple applications, making it a real asset for our partners, teams, and suppliers across Europe. “We are also pleased to welcome
a highly experienced and skilled team that will add significant value to our organization and ensure continuity in established customer and supplier relationships.” The transaction is expected to
complete this quarter. Financial terms of the deal were not disclosed. Financial terms of the deal were
not disclosed. Paramelt acquires majority stake in German wax manufacturer Kahl
Dutch wax manufacturer Paramelt has acquired a majority stake in German counterpart Kahl. Kahl is a leading and
innovative manufacturer of natural-based waxes, recognized worldwide for its consistent product quality, strong customer orientation, and technical expertise.
With its production facility and
www.personalcaremagazine.com
application laboratory in Trittau near Hamburg, the company supplies customers primarily focused on the beauty & personal care industry. Paramelt, a subsidiary of
Hamburg-based TER group, said the acquisition significantly strengthens its position in natural waxes and expands its capabilities in the beauty & personal care, home care and food industries.
combining their strengths to build a future-ready platform in natural and formulated waxes,” said Paramelt CEO Mikael Dahlström. Kahl former CEO Ulrich
“With the acquisition, two
family-owned companies with a long-standing relationship are
Huntenburg will remain as a shareholder and will take on an advisory board position within Kahl going forward. The terms of the acquisition
were not disclosed. March 2026 PERSONAL CARE MAGAZINE
US drops fragrance cartel
case – Symrise German speciality chemical maker Symrise has said the United States Department of Justice (DoJ) has closed an anti-trust investigation against it. Symrise, Givaudan, IFF and
DSM-Firmenich have been under investigation by US and European Union authorities since 2023 in relation to an alleged illegal cartel. Authorities then indicated that
the fragrance houses potentially coordinated price increases, allocated markets, and limited the sale of certain fragrances and ingredients. “No unlawful practice of Symrise
has been found. The company has always maintained that it did not participate in any unlawful agreements with competitors in the fragrance business,” it said. “Symrise has argued strongly
from the outset that it should never have been part of this investigation and that the actions taken by the authorities were not justified. “The company looks forward to
the similar investigations by other authorities against Symrise also being discontinued soon.” In October, IFF agreed to pay
$26m to resolve part of an antitrust class action targeting alleged price- fixing in the US fragrance ingredients market.
The settlement class covers US
entities that purchased fragrance products directly from IFF between January 2018 and December 2023.
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