The 2M Holdings group of companies has announced the addition of Ingretech SAS (Paris, France) to its family of personal care specialty ingredients companies.
Opportunity to Expand Footprint in France
Following the acquisition, 2M Holdings has planned to expand its cosmetic ingredients in France. Aline Serre will stay as shareholder and managing director of Ingretech together with her experienced team. 2M Holdings will provide support for further growth in France via Surfachem, its Personal Care, HI&I and Pharma company.
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The personal chemistry and synergy in culture with Aline and her team were key to our decision to progress with the acquisition. The same business focus of Ingretech and Surfachem are an added bonus,” said Mottie Kessler, chairman and CEO of 2M Holdings.
Ingretech was established six years ago by Aline Serre, Aldo Ravanelli, Alfredo Rocchi and Sergio Sala as a specialty ingredient and formulation know how distribution business supplying French cosmetics producers.
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I am delighted to partner with Surfachem and 2M Holdings and can see many opportunities going forward together,” said Aline Serre, managing director partner, Ingretech.
Source: 2M Holdings