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Seppic Acquires Cosmetics Ingredients Maker Serdex

The move builds the specialty ingredients manufacturer’s natural actives portfolio.

PARIS — Seppic is making further inroads in the fast-growing market for natural active ingredients destined for cosmetics.

The Paris-based specialty ingredients maker for health and beauty products said on Thursday that it has finalized its acquisition of Bayer’s Serdex division, which specializes in botanical active ingredients for dermocosmetics and skin-care treatments. Terms of the deal were not disclosed.

Serdex in 2015 registered sales of 8 million euros, or $8.9 million at average exchange. It has 40 employees in its facility based in Pau, France.

“Serdex brings to Seppic its expertise in high purity extraction, in sourcing of exotic plants and its knowledge of Malagasy plants, notably,” the company said in a statement.

“The complementarity of Serdex and Seppic allows us to widen our know-how to better serve our beauty-care customers and continue the development of this eco-responsibly-sourced active-ingredients activity,” said François Jackow, an executive committee member at Air Liquide, Seppic’s parent company.

Air Liquide last expanded its natural ingredients portfolio in 2013, with the acquisition of BiotechMarine, an activity specialized in substances extracted from seaweeds and marine plants for cosmetics manufacturers. The concern proposes laboratories 80 active ingredients, extracts and stem cells for personal-care products.

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The worldwide market for specialty active cosmetics ingredients represents more than 900 million euros, or $946.7 million at current exchange, according to Seppic. The company said natural active ingredients are a fast-growing segment within that business.

Seppic is part of Air Liquide’s health-care division, which posted sales of 2.8 billion euros, or $3.11 billion at average exchange, in 2015. It is present in more than 100 countries and employs 660 people, of whom 100 focus on innovation.

Seppic’s cosmetics products — including emulsifiers, foaming agents, polymers, texturizing agents and solubilizing agents — boast claims such as antiaging, slimming, moisturizing, purifying and soothing. The company also offers excipients, inactive substances used with active ingredients that can be made-to-measure for clients.

Among its new formulations are a sebum regulation and antipollution serum and a pure clear energizing serum.