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Evonik buys botanicals firm

Evonik has agreed to buy Swiss-based plant extract producer Botanica and will integrate it into the Care Solutions business line within the Nutrition & Care division

Evonik has agreed to buy Swiss-based plant extract producer Botanica and will integrate it into the Care Solutions business line within the Nutrition & Care division. Terms were not disclosed.

Botanica also has a presence in France and Germany. It was founded by the Wälti family in 1998, employs 43 and has a portfolio of over 1,000 different plants available for extraction. These are certified according to Swiss Organic Produce Regulation, ISO 9001 and CSE sustainability standard, including ISO 14001

Evonik described this as “the next logical step for the Care Solutions business line as it transforms into the leading actives partner for the personal care industry”. It had previously acquired cosmetic delivery company Infinitec Activos, InnoHealth, Wilshire Technologies and Alkion Biopharma.

“By drawing on Botanica’s plant know-how and extraction competence, Evonik will innovate a wide range of sustainable base extracts in order to strengthen its broad portfolio of actives,” the company said. It will also help Nutrition & Care aims to increase the proportion of ‘system solutions’ in its offer from 20% to over 50% by 2030.

See more about Evonik Industries AG

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Upcoming Events

in-cosmetics Formulation Summit

Leonardo Royal Hotel, London
29 - 30 November

SCC 75th Annual Scientific Meeting & Showcase

Sheraton NY Times Square (New York)
13-15 December 2021

in-cosmetics Global 2022 - Paris

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

32nd IFSCC Congress

Park Plaza Hotel, Westminster
19-22 September 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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