Breaking News

Cognis Sells Botanical Extracts Business

November 30, -0001

Cognis has completed the sale of botanicals extracts business to Burgundy Botanical Extracts Iberia, S.A. Burgundy, which is headquartered in Reyssouze, France, specializes in botanical extracts using solvent extraction. It is owned by Cristal Union Group and Holding Financière Maconnaise (HFM).

Cognis’ botanicals extracts business, which operates two production sites in Spain, generated sales of approximately €9 million in 2007. Its main products are liquorice derivatives, phytopharmaceuticals, and dry and liquid herbal extracts for dietary supplements and cosmetic industries. Under the terms of the agreement, Cognis will continue production and distribution of certain botanical products for the cosmetics industry and will retain ownership of its Plantalin range, which is comprised of selective plant extracts designed for functional food and beverage applications.

Burgundy Botanical Extracts will distribute the Plantalin range to the pharmaceuticals and dietary supplements industry in the EU.

“We are very pleased about this agreement with Burgundy. With its market strength, the company will leverage the key synergies and realize the growth potential that this unique combination will offer to the market,” said Stéphane Baseden, executive vice president nutrition and health, Cognis. “We will work closely together with Burgundy to ensure a smooth transition of the business operations.”

More info: www.cognis.com
  • Skin of Color Society Connects Experts

    Skin of Color Society Connects Experts

    Melissa Meisel, Associate Editor||January 16, 2017
    Dermatologists from across the nation share information and ideas.

  • Erasa

    Erasa's New Evangelist(a)

    January 9, 2017
    Impressed by the performance of its hero SKU, supermodel Linda Evangelista joins the company in a hand's on role.

  • Discourse on Disclosure

    Discourse on Disclosure

    Tom Branna, Editorial Director||January 6, 2017
    Transparency impacts the cleaning industry.

  • Hitting the Right Notes

    Hitting the Right Notes

    January 6, 2017
    Agilex Fragrances is the leader in the middle market fragrance category.

  • The Smell of Clean in 2017

    The Smell of Clean in 2017

    January 6, 2017
    Changing consumer lifestyles and demographics are impacting the scents found in the household cleaning category.

  • On the Edge

    On the Edge

    January 6, 2017
    Expanding beauty brands to watch in 2017