Although the final sale amount was undisclosed, the deal will expand the Unipex product line and aligns with its corporate vision, as well as provide greater formulation support and resources worldwide.
Headquartered in Paris, France, Lucas Meyer Cosmetics is a relatively small supplier with 20 employees and specializes in providing phospholipids. Also know as polar lipids, phospholipids are made from oil seeds and other natural sources.
These natural functional ingredients act as surfactants that help stabilize creams and lotions, thereby providing hydrating and restructuring properties. Lucas Meyers Cosmetics provides customers with innovative functional ingredients specific to their formulation and development process, which in turn has helped the company generate substantial revenue and profit growth in recent years.
“We will now have a wider offering of sophisticated and highly innovative products and services for our customers worldwide, widening our portfolio of active ingredients, delivery systems, and natural functional ingredients to name a few,” siad Patrice Barthelmes, CEO of Unipex.
“We also combine both the expertise and scientific knowledge from Unipex, which relate to peptides and biotech actives, and from Lucas Meyer Cosmetics, which relate to functional ingredients and phospholipids, to improve our ideation and innovation processes.”
With Unipex’s global presence and Lucas Meyer Cosmetics’ strength in the European market, the new acquisition will help improve Unipex’s worldwide reach, as well as expand its product portfolio.