Lucas Meyer Cosmetics (IFF-LMC), a cosmetic actives subsidiary of International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF) (TASE:IFF), has expanded and strengthened its strategic portfolio with the acquisition of three personal care ingredients and related intellectual property from Kemin Industries, an ingredient manufacturer committed to improving the quality, safety and efficacy of feed, food and health-related products. This acquisition expands IFF-LMC’s product portfolio and related offerings to its customers, particularly to those focused on the environment and sustainability.
“Aligned with IFF and IFF-LMC’s commitment to sustainability and natural product offerings, I am thrilled to announce the addition of these key, responsibly sourced ingredients to our growing and increasingly diverse portfolio,” said Antonio Lara, President – CEO, IFF-Lucas Meyer Cosmetics. “Consumers are more aware than ever of the impact their choices have on the environment, so including these compelling active and functional products in our line is a win for our customers, consumers, and the planet.”
The acquired products (and associated IP) include:
Lysofix™: an easy-to-use and cold-process lysophospholipid emulsifier extracted from a non-GMO soybean source. It enhances formulas by evenly dispersing sunscreen and makeup pigments, provides immediate hydration and support collagen and elastin production while imparting a luxurious texture to the skin.