Lucas Meyer Cosmetics, a wholly owned subsidiary of Unipex Group has acquired Southern Cross Botanicals, a supplier of Australian botanical ingredients. This acquisition will expand the Lucas Meyer Cosmetics product line and is perfectly in line with its corporate vision, which focuses on innovation and client satisfaction, said the company.
Southern Cross Botanicals, headquartered in New South Wales near Byron Bay in Australia, is recognized as the world's leading reference for the development of innovative botanical ingredients derived from Australian native plants (botanical extracts, certified organic extracts, active ingredients, essential oils, vegetable oils and exfoliants). Over the years, Southern Cross Botanicals has built a solid portfolio of products sourced in an ethical and sustainable manner without degradation to the environment, at fair market price from indigenous and non-indigenous growers and plant collectors, as well as from the company’s own plantations in Australia.
“This acquisition will strengthen our position as a provider of distinctive natural ingredients combining unique properties and exotic marketing stories. We will now have access to a pipeline of over 1000 new botanical ingredients derived from the rich biodiversity of Australia, which hosts over 20,000 endemic plant species from the rainforest, desert and sea for the development of products. Over the next year we plan on fast-tracking the development of several new innovative botanical ingredients for cosmetic and personal care applications, which we have identified as having significant potential. We aim to build the Southern Cross Botanicals brand with increased offers to our existing customer base, and by establishing new long-term orientated customer relationships based upon unparalleled service and innovation,” said Antonio Lara, Vice President and General Manager of Lucas Meyer Cosmetics.
“We are convinced that we have found in Lucas Meyer Cosmetics a dynamic and future-oriented partner that shares our values and will greatly contribute to Southern Cross Botanicals' future development,” added Don Priest, co-owner of Southern Cross Botanicals.
“The synergies between Lucas Meyer Cosmetics and Southern Cross Botanicals are undeniable. The coming years will be a very exciting time for the company as we bring to market some truly innovative botanical ingredients that will offer our customers real differentiation on the market,” commented Mikel Priest, co-owner of Southern Cross Botanicals, who will continue to manage the business in Australia.