French firm SEPPIC’s parent company Air Liquide has bolstered its activity in the specialty ingredients market with the acquisition of BiotechMarine, a company that specialises in the design and marketing of bio-based, cosmetic active ingredients made from algae.
Biotech Marine is also a France-based organisation and its parent company, the Roullier Group, boasts a complete range of natural active ingredients sold all over the world.
“The acquisition of BiotechMarine will provide SEPPIC with complementary expertise in marine biotechnologies and plant cell culture. SEPPIC thus widens its product portfolio with a complete range of active ingredients from marine biodiversity,” says the Air Liquide Group.
“With this acquisition Air Liquide intends to reinforce its position in the field of healthcare specialty ingredients,” adds Pascal Vinet, vice president, Healthcare Global Operations.