IFF-LMC Strengthens Product Portfolio with Acquisition of Sustainable Ingredients
December 04 2018 - 4:15PM
Business Wire
IFF-Lucas Meyer Cosmetics (IFF-LMC), a cosmetic actives
subsidiary of International Flavors & Fragrances Inc.
(NYSE:IFF) (Euronext Paris: IFF) (TASE:IFF), has expanded and
strengthened its strategic portfolio with the acquisition of three
personal care ingredients and related intellectual property from
Kemin Industries, an ingredient manufacturer committed to improving
the quality, safety and efficacy of feed, food and health-related
products. This acquisition expands IFF-LMC’s product portfolio and
related offerings to its customers, particularly to those focused
on the environment and sustainability.
“Aligned with IFF and IFF-LMC’s commitment to sustainability and
natural product offerings, I am thrilled to announce the addition
of these key, responsibly sourced ingredients to our growing and
increasingly diverse portfolio,” said Antonio Lara, President –
CEO, IFF-Lucas Meyer Cosmetics. “Consumers are more aware than ever
of the impact their choices have on the environment, so including
these compelling active and functional products in our line is a
win for our customers, consumers, and the planet.”
The acquired products (and associated IP) include:
- Lysofix™: an easy-to-use and
cold-process lysophospholipid emulsifier extracted from a non-GMO
soybean source. It enhances formulas by evenly dispersing sunscreen
and makeup pigments, provides immediate hydration and support
collagen and elastin production while imparting a luxurious texture
to the skin.
- XFoliPEARL™: Provides a gentle and
efficient exfoliation and is an eco-friendly and efficient
alternative to plastic beads.
- MicroCurb™: a broad-spectrum
preservative from standardized oregano extract.
# # #
About IFF-Lucas Meyer Cosmetics
IFF-Lucas Meyer Cosmetics is headquartered in Quebec City,
Canada, with operations in France and Australia. The Company
develops, manufactures and markets innovative ingredients for the
cosmetics and personal care industry, offering proprietary active
ingredients, functional ingredients and delivery systems that
address health and wellness macro-trends in the beauty industry in
both the developed and emerging markets.
Meet IFF
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext
Paris: IFF) (TASE: IFF) is a leading innovator of scent, taste, and
nutrition, with over 110 manufacturing facilities, 100 R&D
centers, and 33,000 customers globally. At the heart of our
company, we are fueled by a sense of discovery, constantly asking
“what if?”. That passion for exploration drives us to co-create
unique products that consumers experience in more than 150,000
unique products sold annually. Our 13,000 team members globally
take advantage of leading consumer insights, naturals exploration,
research and development, creative expertise, and customer intimacy
to develop differentiated offerings for consumer products.
Learn more at www.iff.com, Twitter , Facebook,
Instagram, and LinkedIn.
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Michael DeVeauHead of Investor Relations and Communications
& Divisional CFO, Scent212.708.7164Michael.DeVeau@iff.com
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