TAGS: Sustainability / Natural Cosmetics Skin Care Hair Care Sun Care
Sharon Laboratories, Ltd. innovators and manufacturers of preservative solutions for cosmetics and personal care markets, announced a definitive agreement to acquire specialty ingredients producer RES Pharma Industriale based in Italy (RPI).
The acquisition of RPI, whose technology, R&D, manufacturing, commercial development, and customer service capabilities will be integrated into the Personal Care business of Sharon Laboratories, is expected to close in March of 2022.
Green Functional Ingredients for Personal Care Industry
Established in 2004, RPI is a chemical company specialized in the research, innovation, and production of personal care ingredients. RPI has a global customer base for green functional ingredients, such as texturizers, emulsifiers, surfactants, and solubilizers as well as smart solutions for specific segments such as wet wipes. These ingredients are used in virtually every segment of the personal care industry, including cosmetics, haircare, skincare, sun care, and more.
According to Naama Eylon, general manager of Sharon Laboratories, a broader, more diverse portfolio of cosmetic ingredients beyond preservation will further strengthen Sharon’s global reach and position, as a leading specialty solution provider to the cosmetics industry.
“Sharon and RES Pharma are a perfect match, strategically and culturally. We are excited to integrate technologies and further develop the company’s product segments,” stated Naama Eylon.
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The unique technical expertise each company brings will position us as a key partner for personal care and specifically for the wet-wipes industry. The combination of Sharon preservation and RES Pharma texturizing and concept formulation expertise will allow us to provide our customers with advanced support for developing sustainable, smart formulations,” added Naama Eylon.
Mr. Agostino Facchini, founder, and president of RES Pharma Industriale is optimistic about the potential for the new organization.
“RES Pharma Industriale is a well-established company with strong roots, which has continued to grow and develop over the years. I’m convinced Sharon Laboratories is the best partner to take RES Pharma Industriale into the next stage. This is more than a transaction, I see it as two families coming together,” stated Mr. Agostino Facchini.
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Source: Sharon Laboratories
