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Symrise takes a stake in Kobo

Symrise has taken a 25% minority interest in New Jersey-based Kobo Products, a specialist in surface-treated powder pigments and dispersions for cosmetics, and has formed an agreement with Kobo on the future disposition of shares and governance

Symrise has taken a 25% minority interest in New Jersey-based Kobo Products, a specialist in surface-treated powder pigments and dispersions for cosmetics, and has formed an agreement with Kobo on the future disposition of shares and governance. The company described this as a strategic partnership to expand in UV filters and decorative cosmetics.

“We will combine Kobo’s broad range of market-leading product lines in surface treated pigments, sun care and colour dispersions with our decades of experience in manufacturing and marketing high-quality cosmetic ingredients,” said Dr Jörn Andreas, president of Symrise’s Cosmetic Ingredients division.

For Kobo, president David Schlossman added: “Symrise’s resources and expertise in organic UV filters combined with ours in inorganic UV filters will create an organization with the capacity to analyse and develop novel ingredients and formulations that provide broad spectrum protection, are safer for the environment, and that minimize in their impact on carbon emissions.”

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Upcoming Events

Cosmetorium

Palau de Congressos, Barcelona, Spain
20 – 21 October

NYSCC Suppliers’ Day 2021

Jacob K. Javits Convention Center, New York
10 - 11 November 2021

SCS Formulate

Coventry Building Society Arena
16 – 17 November

Making Cosmetics

MiCo Milano Congressi, Milan
25 - 26 November

in-cosmetics Global 2022 - Paris

1 Pl. de la Porte de Versailles, Paris
5 - 7 April 2022

in-cosmetics Asia 2022

BITEC Bangkok, Thailand
1 - 3 November 2022

Access the latest issue of Personal Care Magazine on your mobile device together with an archive of back issues.

Download the FREE Personal Care Magazine app from your device's App store

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