The industrial gas producer Air Products has acquired ROVI Cosmetics International, a developer and manufacturer of innovative active ingredients for the cosmetics industry from Schlüchtern in Germany.
ROVI Cosmetics currently has 18 employees and is a developer and manufacturer of innovative, science-based ingredients for the cosmetics industry. The active ingredients are used in hair and skin care products. "We are pleased to have completed the acquisition of ROVI Cosmetics, thus reinforcing our 'care' portfolio. With this acquisition we reach critical mass in order to develop our business with a diversified supplier of specialty ingredients for the personal care industry." commented Pam Matti More, vice president and general manager, Performance Materials at Air Products.