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IFF Sells Lucas Meyer Cosmetics to Clariant

The $810 million deal was announced this morning.

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By: Christine Esposito

Editor-in-Chief

Clariant has agreed to acquire Lucas Meyer Cosmetics from International Flavors & Fragrances (IFF) for a total cash consideration of $810 million. The proposed transaction is subject to regulatory approvals and customary closing conditions and is expected to close in the first quarter of 2024, according to Clariant. “The proposed acquisition of Lucas Meyer Cosmetics marks another major step forward for Clariant’s purpose-led growth strategy. It will strengthen our position as a true spec...

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