28 October 2021 --- Evonik is acquiring Swiss plant extract producer Botanica to expand its market footprint within the botanical system solutions and active cosmetic ingredients markets. The move comes among a string of acquisitions that further bolster Evonik’s Care Solutions business in the personal care ingredients space.“The acquisition of Botanica reinforces and strategically complements the portfolio of Evonik’s active ingredients. In addition to ceramides and delivery systems, we expect now with the very attractive botanical active ingredients from Botanica to be able to serve our customers also in this growing market segment,” Lukas Notthoff, head of market communications for Evonik Care Solutions tells PersonalCareInsights.“Botanica will bring to Evonik an increase on our sustainability offerings in terms of portfolio, and will contribute to continue and accelerated (double digit) growth business of our active ingredients. Together with investments in innovation, further acquisitions (both of portfolio and or technology) are part of our growing strategy.”
