DSM Acquires Swiss Cosmetic Ingredient Supplier

HEERLEN, Netherlands Royal DSM NV reported DSM Nutritional Products Ltd. signed an agreement on July 4 to acquire 100 percent of the shares of PentaPharm Holding Ltd. for an undisclosed price. Headquartered in Basel, Switzerland, PentaPharm is a leader in the development and production of active ingredients and system solutions for the personal care industry, to the sum of about EUR 40 million ($54.6 million USD) in sales revenues; the company employs about 200 people at locations in Switzerland, Japan and Brazil. Pentapharms patent-protected cosmetic active ingredients meet consumers increasing demand for effective anti-aging, self-tanning, body-slimming and whitening products. Supported by the global wellness trend, such cosmetic active ingredients benefit from the highest growth rates within the personal care ingredients market. In announcing the acquisition, DSM (DSM.com) noted the synergy of PentaPharms skills in market positioning and new product introduction, and DSMs strong science base. It further reported management hopes the acquisition will further cement DSMs position as the leading supplier of active ingredients for skin and sun care.