Cuatrecasas advised Evonik on the deal.
Evonik has announced a new investment in Spain with the acquisition of the company Infinitec Activos, a manufacturer and distributor of active ingredients for the cosmetics industry.
The integration of the Infinitec business into Evonik’s Care Solutions Division reinforces Evonik’s active ingredients delivery business and its Nutrition & Care Division.
The acquisition comprises 47 employees working at the company’s Barcelona Science Park head office, its manufacturing facility in Montornés del Vallès (Spain) and at its natural-based raw material producer, Naturethic. Founded in 2004, Infinitec Activos’ research and innovation focus on building the next generation of cosmetic delivery systems with a highly qualified, science- and marketing-driven team. Customers include both small independent brands as well as global key accounts.
Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €12.2 billion and an operating profit (adjusted EBITDA) of €1.91 billion in 2020. Evonik goes far beyond chemistry to create innovative, profitable and sustainable solutions for customers.
Cuatrecasas advised the buyer with a team including Kai Fischer (Picture), Gregor Erlebach, Ander Portillo, Ariadna Casanueva and Patricia Paredes.
Law Firms: Cuatrecasas;
Clients: Evonik Industries AG;