• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Formulary
    • Exclusives
    • Top Companies
    • Raw Materials
    • End-User
    • Packaging
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Formulary
  • Exclusives
  • Top Companies
  • Raw Materials
  • End-User
  • Packaging
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    Hairstyling Products Grow with Volumizers, Bond Builders & Textured Hair Formulas

    Ashland, Shin-Etsu Highlight Cosmetic Innovations at SCC76

    Formulating Simple, High-Performance Hair Care Products

    The Professional and Spa Skincare Market

    Beauty Tech: Immersion & Inclusivity
    Online Exclusives
    Association News
    Breaking News
    Financial News
    Industry News
    International
    Marketing News
    New Products
    News Front
    Packaging News
    Patents
    Personnel
    Regulations
    Snapshots
    Top News
    Live From Shows
    Top News
    Glow Balms and Slugging are Top Skincare Trends: Spate

    Curl Care Sales Jump as Consumers Transition to Natural Hairstyles

    Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care

    ELF Cosmetics To Air Commercial During Super Bowl

    Next of Us Launches Pair of Hair Care Products
    Blog
    Online Exclusives
    Glossary
    Infographics
    Podcasts
    Whitepapers
    Videos
    Expert's Opinion
    HappiTV
    eBook
    Surveys
    International Top 30 Report
    Top 50 Report
    Top Companies
    Jafra Cosmetics

    2. L’Oréal

    3. Estée Lauder

    Oriflame

    9. Coty
    Actives
    Functional Ingredients
    Pigments
    Polymers
    Preservatives
    Surfactants

    Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care

    Gojo Patents Hand Sanitizer with Probiotics/Prebiotics

    Preservative-Free Eye Drops Linked to Bacterial Infection and Death

    An Exciting 2023 Ahead for the New York Chapter of the Society of Cosmetic Chemists!

    Sharon Personal Care Expands Green Product Portfolio and Formulation Capabilities
    Air Care/Environmental Fragrance
    AP/Deo
    Color Cosmetics
    Disinfectants
    Fine Fragrance
    Hair Care
    Household Cleaning
    I&I Marketplace
    Laundry Care
    Oral Care
    OTC/Medicated
    Packaging
    Personal Cleansers
    Skin Care
    Sun Care
    Testing

    Glow Balms and Slugging are Top Skincare Trends: Spate

    Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care

    Next of Us Launches Pair of Hair Care Products

    Ivy Beauty Donates $30,000 to the NAACP in Honor of Black History Month

    Grant Industries Names Mehran Ghadim Sales Manager, Canada
    Lab Equipment
    Mixing
    Packaging
    Testing

    Five Leading Sustainable Brands: Cosmetify

    EU Restriction Proposal on Microplastics Made Easy

    INFORM Consumers Act Applauded by Personal Care Products Council

    CJ Biomaterials Creates a Cosmetic Container Made with Bio-Sourced Material

    The HCPA Recognizes Individuals and Companies During Annual Meeting
    Contract Manufacturing / Private Label Directory
    Buyer's Guide
    Add New CMPL Directory Company
    Add New Buyers Guide Company
    Corporate Profiles
    International Buyers Guide Companies
    Croda Inc

    QRS (Quality Resourcing Services)

    Centerchem LLC

    Siltech Corporation

    Acme-Hardesty
    Live From Shows
    Meetings
    Webinars
    Snapshots
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Formulary
    • Directories
      • Buyer's Guide
      • Contract Manufacturing / Private Label Directory
      • Corporate Profiles
      • Add Your Company
    • Raw Materials
      • Actives
      • Functional Ingredients
      • Pigments
      • Polymers
      • Preservatives
      • Surfactants
    • End-User
      • Air Care/Environmental Fragrance
      • AP/Deo
      • Color Cosmetics
      • Disinfectants
      • Fine Fragrance
      • Hair Care
      • Household Cleaning
      • I&I Marketplace
      • Laundry Care
      • Oral Care
      • OTC/Medicated
      • Packaging
      • Personal Cleansers
      • Skin Care
      • Sun Care
      • Testing
    • Packaging
      • Lab Equipment
      • Mixing
      • Packaging
      • Testing
    • Top Companies
      • International Top 30 Report
      • Top 50 Report
    • Online Exclusives
    • Glossary
    • Experts Opinion
    • Slideshows
    • HappiTV
    • Podcasts
    • Videos
    • Infographics
    • eBook
    • Blog
    • Whitepapers
    • Surveys
      • R & D Salary Survey
      • Sales & Marketing Salary Survey
    • Job Banks
    • Events
      • Industry Events
      • Live from show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Ashland Acquires Schülke & Mayr's Personal Care Business

    All-cash transaction expected to close later this year.

    Ashland Acquires Schülke & Mayr
    Related Content
    • Bodyworx New Zealand
    • Natural Plant Products, LLC
    • Groninger
    • Custom Ingredients, LLC
    • Natural Plant Products, LLC
    Christine Esposito, Managing Editor01.20.21
    Ashland Global Holdings Inc. has signed a definitive agreement to acquire the personal care business from Schülke & Mayr GmbH, a portfolio company of the global investment organization EQT.
     
    Under the terms of the agreement, Ashland will pay €262.5 million, approximately $318 million, in an all-cash transaction, which is expected to be completed before the end of the June quarter subject to customary closing conditions and required regulatory approvals. 
     
    According to Ashland, the acquisition is consistent with its strategic positioning as a premier specialty additives supplier and strengthens the company’s consumer business portfolio.  
     
    “This is an excellent example of the type of bolt-on acquisition opportunities that will help advance our strategy and support the profitable growth of our core businesses,” said Guillermo Novo, chairman and chief executive officer, Ashland. “I am excited about having the Schülke & Mayr personal care employees join Ashland to help us broaden our breadth of specialty additives solutions and expand our biotechnology and microbiology technical capabilities.” 
     
    The move also advances Ashland’s environmental, social and governance (ESG) agenda for personal care and household applications. 
     
    “As we continue our transformation, we’re focused on innovations and differentiated offerings that will deliver value to our customers. This acquisition further aligns our portfolio with the ‘clean beauty’ trend in the personal care industry and helps us solve for a new generation of consumers who are shifting to products with milder and safer ingredients. Our combined biotechnology competencies further strengthen our ability to create new sustainable solutions in broader fields of application,” Novo said. 
     
    Founded in 1889 in Hamburg, Schülke & Mayr GmbH develops, produces and distributes antiseptics for wound care, disinfectants and medical and cosmetic skin care products and preservatives.

    Arne Roettger, Schulke’s director personal care business, commented: “We are thrilled and excited that we found the right harbor for our Personal Care activities. Together with Ashland we will make further progress in our ambition to serve our customers with the best and innovative solutions. The leadership team is fully convinced that this step offers our customers and us tremendous opportunities.” 

    With this transaction, schülke completes its strategic repositioning to a pureplay healthcare company, and will focus on its core business in infection prevention and hygiene solutions. 

    "Schülke is a pioneer and leader in the field of infection prevention and hygiene solutions for over 130 years. 2020 was an extremely important year for schülke as a critical company in the immense fight against the pandemic. It clearly demonstrated one thing: Our strength lies in serving our customers in the healthcare business segments. Our mission to protect lives worldwide will now become true in everything we do,” said Christian Last, CEO of Schülke.
     
    EQT acquired Schülke & Mayr GmbH from Air Liquide in April 2020.
    Related Searches
    • Skin Care
    • Actives
    • Preservatives
    • Household Cleaning
    Related Knowledge Center
    • Functional Ingredients
    • Skin Care
    • Personal Cleansers
    • Preservatives
    • Household Cleaning
    • Actives
    Suggested For You
    Bodyworx New Zealand Bodyworx New Zealand
    Natural Plant Products, LLC Natural Plant Products, LLC
    Groninger Groninger
    Custom Ingredients, LLC Custom Ingredients, LLC
    Natural Plant Products, LLC Natural Plant Products, LLC
    Hair Oil: A Look at the Top 10 Hair Care Beauty Brands by Search Hair Oil: A Look at the Top 10 Hair Care Beauty Brands by Search
    Line It Up: Top 10 Eyeliner Makeup Brands by Search Volume Line It Up: Top 10 Eyeliner Makeup Brands by Search Volume
    Top 10 Beauty Brands for Makeup Palettes in Color Cosmetics Top 10 Beauty Brands for Makeup Palettes in Color Cosmetics
    Create Natural, Eco-Conscious Beauty Products with Help from AAK Create Natural, Eco-Conscious Beauty Products with Help from AAK
    Fragrance Gets Back On Track Fragrance Gets Back On Track
    Consumers Trust Antimicrobial Product Claims, But Want More Evidence Consumers Trust Antimicrobial Product Claims, But Want More Evidence
    Silwax B116 from Siltech Silwax B116 from Siltech
    Silube PCH from Siltech Silicones Silube PCH from Siltech Silicones
    Z-Cote Zinc Oxide UV Filters from BASF Z-Cote Zinc Oxide UV Filters from BASF
    Symrise Presents Updated Version of its Perfumers’ Compendium Symrise Presents Updated Version of its Perfumers’ Compendium

    Related Buyers Guide Companies

    • Bodyworx New Zealand

      ...
      Phil Hannagan, Technical Director 09.04.22

    • Natural Plant Products, LLC

      ...
      Andee Masonek, Marketing Consultant - Contractor 08.25.22

    • Groninger

      ...
      Jochen Franke, Marketing & Tradeshow Coordinator 03.25.22


    • Custom Ingredients, LLC

      ...
      Shelley Ehrmantraut, Sales Assistant 03.14.22

    • Natural Plant Products, LLC

      Natural Plant Products, LLC

      ...
      Andee Masonek, Marketing Consultant - Contractor 03.14.22

    Loading, Please Wait..
    Trending
    • Preservative-Free Eye Drops Linked To Bacterial Infection And Death
    • Curl Care Sales Jump As Consumers Transition To Natural Hairstyles
    • Elf Cosmetics Launches New O Face Satin Lipstick
    • 2023 Best New Product Awards In Beauty, Personal Care, Household Cleaning And More
    • The Top Beauty Influencers On YouTube, Instagram And TikTok
    Breaking News
    • Glow Balms and Slugging are Top Skincare Trends: Spate
    • Curl Care Sales Jump as Consumers Transition to Natural Hairstyles
    • Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care
    • ELF Cosmetics To Air Commercial During Super Bowl
    • Dermatitis Journal Article Looks at Lanolin as An Allergen
    View Breaking News >
    CURRENT ISSUE

    February 2023

    • EU Restriction Proposal on Microplastics Made Easy
    • Hairstyling Products Grow with Volumizers, Bond Builders & Textured Hair Formulas
    • Effective Ingredients for Your Skincare and Haircare Products
    • Formulating Simple, High-Performance Hair Care Products
    • The Professional and Spa Skincare Market
    • Beauty Tech: Immersion & Inclusivity
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    GOED Elects New Board Officers for 2023
    Aspire Hires Darrec Jones as VP of Business Development
    Pycnogenol Supplementation Linked to Better Hair Density in Menopausal Women
    Coatings World

    Latest Breaking News From Coatings World

    PPG Completes COLORFUL COMMUNITIES Project in Denmark
    10 Partners of the Automotive Industry Form JV, Cofinity-X
    BASF Recognized as Top Company for Supplier Diversity
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    MPO's Most-Read Stories This Week—Feb. 4
    MO SCI Acquires Assets of 3M’s Advanced Materials Business
    Neurent Medical’s NEUROMARK System Becomes Commercially Available in U.S. Markets
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Lilly 4Q Revenues Down 9% to $7.3B
    Bionova Expansion Project to Quadruple GMP Biologics Manufacturing Capacity
    Steriline Provides Fill-Finish Solution for Berkshire Sterile Manufacturing
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Pacifica Introduces Glow Baby Skincare Line
    Kohl’s Names Tom Kingsbury as Chief Executive Officer
    Mielle Unveils Haircare Bundles Inspired by Amazon Original Series Harlem
    Happi

    Latest Breaking News From Happi

    Glow Balms and Slugging are Top Skincare Trends: Spate
    Curl Care Sales Jump as Consumers Transition to Natural Hairstyles
    Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care
    Ink World

    Latest Breaking News From Ink World

    Weekly Recap: Pigments, Inkjet Ink Market Reports Top This Week’s Stories
    Roland DGA Announces Key Changes to Leadership Team
    Ball Reports 2022 Results
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Brandywine names new president, Brook + Whittle grows and more
    MM Packaging adds first Nilpeter press for Dublin site
    Polytag develops new UV tag reading technology
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Weekly Recap: K-C Requests Huggies-Related Lawsuit to be Thrown Out, WPT Makes Investment & More
    What You’re Reading on Nonwovens-Industry.com
    Kimberly-Clark Supports Period Poverty Initiative in Australia
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    ODT's Most-Read Stories This Week—Feb. 4
    Toetal Solutions Secures $1.8 Million in New Financing
    Adrian Tyndall Joins Axogen's Board of Directors
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Weekly Recap: CES 2023, ams OSRAM and Celanese Top This Week’s Stories
    Zebra Provides East West Shrine Bowl with RFID Tracking Technology
    AAAS Elects Three ORNL Scientists as Fellows

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login