Clariant will take a 10% stake in French cosmetics ingredients maker Plant Advan...
), the Swiss specialty chemicals company said on Friday, setting up a strategic partnership between the two companies.
The companies will work together to develop new premium products which will be marketed through Clariant’s global network, it added. Financial terms of the deal were not disclosed. The Nancy-based company has also developed a technique which identifies compounds in complex mixtures that can be used to develop new cosmetics.
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