Biotech firm opens German office to meet local market needs

Related tags Cosmetics

Biotech firm Galactic celebrates its 20th anniversary with the opening of its new office in Germany which will strengthen its position in the local market, and the cosmetics industry it serves.

The new sales office will be located in Dusseldorf, and joins the innovation campus, 3 production sites, 7 sales offices the company has around the world which have helped the company become one of the key players in the biotechnology industry.

Biotechnology is a growing field in a number of industries and offers opportunities for personal care and cosmetics products producers.

In terms of cosmetics applications, the majority of bioactive substances appear in anti-ageing and anti-cellulite formulations.

While Human Nutrition and Pharmaceuticals are the key end-user segments of biotech products, the Cosmetics and Personal Care segment is expected to be the fastest growing end-user over the next few years.

Strategic expansion

In line with its strategy of expansion, Galactic continues to develop its services worldwide in the biotech market and hopes this new venture will provide a more localized service to its German customers.

With the new office, strategic partnerships will be strengthened and a better support will be guaranteed, and Galactic will be able to increase its potential for industrial, cosmetic, and pharmaceutical applications.

"A lot has been accomplished since Galactic's first research into lactic acid yet still the company continuously innovates and offers new solutions to fill the market's needs with a sustainable and cost-effective approach," says Jean-Christophe Bogaert, Sales, Marketing and Business Development Director at Galactic.

"With a direct presence on the German market, Galactic will be able to provide a dedicated service and maintain close links with our clients".

Company background

The company whose core business was initially focused on lactic acid and its derivatives now has a diversified solutions portfolio and expansion worldwide.

It all started with the setup of the first laboratory in a former café in Brussels in 1991. In 1994 Galactic was officially created and one year later, the company moved to Escanaffles where the first plant was established.

In 1998, Galactic was already the second largest producer worldwide with exports across 40 countries.

The company continued to grow and went East in 2002 with a plant in China. Three years later, a new plant came into operation in the USA. In 2010, 2012 and 2013, new sales offices opened in Japan, Brazil and Italy in addition to the new innovation campus in Brussels.