Founded in 1972, Solabia develops, produces and distributes natural active and functional ingredients. The company has announced the acquisition of a majority stake in PolymerExpert, an innovative company specializing in the development and marketing of high-tech polymers.
This acquisition illustrates the Group's strategy of developing its activities in the dynamic cosmetics market, enabling it to broaden its range of ingredients. It will also help consolidate the company's positions in the health sector, by offering new development opportunities in high-potential markets.
Founded in 2000 by Marc Dolatkhani, PolymerExpert, based in Pessac (33), offers a range of high value-added products for the cosmetics market, featuring high-performance polymers of natural origin for applications such as skin care, sun protection and make-up. The Gironde-based company also develops implantable and non-implantable ophthalmic and medical devices.)
With an international presence, PolymerExpert controls the entire value chain, from R&D to production, in compliance with the most stringent standards and the concept of plant-based chemistry.
"We are delighted to welcome the PolymerExpert teams to the Solabia group. This merger will enable both companies to benefit from complementary expertise and offer an enhanced portfolio of high-performance products to a wider customer base. It is also fully in line with our development strategy and demonstrates our ability to attract to the Solabia group innovative companies in markets with high growth potential, and in which we are continuing to strengthen our position".said Jean Baptiste Dellon, Chairman of the Solabia Group.
Marc Dolatkhani, retains a minority shareholding in the company and
will remain Chairman. "The combination of PolymerExpert's specialty ingredients and Solabia's active ingredients portfolio will bring major innovation opportunities to our customers worldwide. The association with the Solabia group will enable us to accelerate the development of new innovative cosmetic ingredients by drawing on complementary expertise. It will also strengthen the long-term development of our medical activities. We will continue to nurture our reputation for excellence alongside a company that shares our passion, values and ambitions. This partnership promises to be both humanly and technically exciting.commented Marc Dolatkhani, President and Founder of PolymerExpert.
Photo taken from Solabia's internal website (www.solabia.com).
