Financial focus

Robertet eyes Asian and African expansion with Sonarome acquisition

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Robertet eyes Asian and African expansion with Sonarome acquisition

The Indian flavours company Sonarome is based in Bangalore and is currently owned by the Gulhati family and IFF. The company achieved sales of over €15m in 2022 and has been recording double-digit annual growth for the past three years. It employs more than 100 people and Robertet noted that it has extensive, modern and … Read more

Clariant set to acquire Lucas Meyer Cosmetics

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Clariant set to acquire Lucas Meyer Cosmetics

Sustainability-focused chemicals company Clariant is set to acquire Canadian ingredients company Lucas Meyer Cosmetics from International Flavors & Fragrances (IFF) for a total consideration of $810m (€767m/CHF 720m). The deal is subject to regulatory approvals and customary closing conditions and is expected to finalise in Q1 2024. Clariant said that the proposed transaction will help … Read more