03.01.18
ISRAEL: Frutarom Industries Ltd. has purchased 100% of the shares of IBR – Israeli Biotechnology Research Ltd. (IBR) for approximately $21 million.
Established in 1995, IBR develops, manufactures and markets innovative and proprietary natural active ingredients for the cosmetics and dietary supplements industries, mainly for cellular and skin anti-aging, skin protection from UV rays and air pollution, skin whitening and pigmentation prevention. IBR’s product portfolio includes products that have won international cosmetics industry awards for scientific innovation.
IBR has R&D labs and a production facility in Yavne, Israel and it employs approximately 30 staffers.
Established in 1995, IBR develops, manufactures and markets innovative and proprietary natural active ingredients for the cosmetics and dietary supplements industries, mainly for cellular and skin anti-aging, skin protection from UV rays and air pollution, skin whitening and pigmentation prevention. IBR’s product portfolio includes products that have won international cosmetics industry awards for scientific innovation.
IBR has R&D labs and a production facility in Yavne, Israel and it employs approximately 30 staffers.