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Specialist in alternative preservation systems.
March 13, 2017
By: Christine Esposito
Editor-in-Chief
Evonik is acquiring Dr. Straetmans GmbH of Hamburg, Germany, a maker of alternative preservatives for the cosmetic industry. The move allows Evonik to complement the broad specialties portfolio of its cosmetics business and to further consolidate its position as a leading global partner for the cosmetics industry. The transaction, subject to approval by the relevant antitrust authorities, is expected to be finalized in the first half of 2017. The purchase price was not disclosed. “Dr. Str...
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