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The deal is a part of Givaudan's 2020 strategy to expand the capabilities of Active Beauty.
April 29, 2019
By: Melissa Meisel
Givaudan has reached an agreement to acquire the cosmetics business of AMSilk GmbH. The deal is a part of Givaudan's 2020 strategy to expand the capabilities of its Active Beauty business. Terms were not revealed at press time. AMSilk, headquartered in Munich, Germany, is the largest industrial supplier of vegan silk biopolymers. The company's high-performance biopolymers are used in hair care and skincare, and the company has filed 10 patents for the use of biopolymers in cosmetic ...
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