Jamie Matusow, Editor-in-Chief08.03.15
International Flavors & Fragrances Inc. has made a binding offer for the acquisition of Lucas Meyer Cosmetics, a business of Unipex Group.
Headquartered in Quebec City, Canada, with operations in France and Australia, Lucas Meyer Cosmetics develops, manufactures and markets ingredients for the cosmetics and personal care industry.
Under the terms of the offer, IFF will pay approximately €283 million. The transaction, which will be funded from existing resources, is expected to add revenues of approximately €40 million on an annualized basis.
Headquartered in Quebec City, Canada, with operations in France and Australia, Lucas Meyer Cosmetics develops, manufactures and markets ingredients for the cosmetics and personal care industry.
Under the terms of the offer, IFF will pay approximately €283 million. The transaction, which will be funded from existing resources, is expected to add revenues of approximately €40 million on an annualized basis.
