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Clariant Completes $810 Million Acquisition of Lucas Meyer Cosmetics

A test tube with pink fragrance ingredients. — Clariant acquired Canada’s ingredients and cosmetics maker from International Flavors & Fragrances. (Shutterstock)

Reuters

03 April 2024

Clariant completed the $810 million acquisition of Canada’s ingredients and cosmetics maker Lucas Meyer Cosmetics from International Flavors & Fragrances, the Swiss specialty chemicals firm said on Wednesday.

By Andrey Sychev

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IFF Weighs Sale of $1 Billion Lucas Meyer Cosmetics Unit

International Flavors & Fragrances Inc. is weighing a sale of a unit making ingredients for the cosmetics and personal care industry, people with knowledge of the matter said.

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