Evonik acquires Dr. Straetmans

A jar of cream from Evonik with its signature pink orchid Evonik is expanding its full service offering to the cosmetics industry with pending acquisition of cosmetics specialist, Dr. Straetmans. Based in Hamburg, Germany, the company specialises in developing and marketing alternative preservatives for the cosmetics industry.

The move allows Evonik to complement the broad specialties portfolio of its cosmetics business and to further consolidate its position as a leading global partner for the cosmetics industry. The transaction is subject to approval by the relevant antitrust authorities. It is expected to be finalised during the first half of 2017, and contracting parties have agreed not to disclose the purchase price.

An intelligent fit

‘Dr. Straetmans is a perfect match for us, both strategically and culturally. We intend to develop the company’s business globally beyond its existing markets in Europe and the United States,’ says Hans-Josef Ritzert, member of the management board of Evonik Nutrition & Care.

The company employs over 60 people, and will continue to operate as a legal entity. Dr. Straetmans’ Hamburg site will become Evonik’s global competence centre for preservative solutions.

‘Our aim is to offer cosmetics manufacturers new solutions enabling them to distinguish themselves from the competition,’ says Tammo Boinowitz, who heads the personal care business line at Evonik. ‘In the future, we will be able to offer complete formulation systems, including preservation. In doing so, we make an important contribution to optimising our customers’ development work.’

More than the alternative

An interior view of the laboratory of Dr. Straetmans, based in Hamburg, GermanyEstablished in 1984, Dr. Straetmans is a pioneer in alternative preservative systems. The difference between these systems and conventional preservatives is that their functionality in a finished product goes beyond preservation. For example, they offer additional moisturisation. However, the use of alternative preservative systems is complex.

‘The reason for this is that we’re introducing larger amounts of surface active ingredients into the formulation. Our competencies in areas such as application and formulation allow us to maintain a stable emulsion,’ explains Jan Jänichen, MD Dr. Straetmans.

Wilfried Petersen, joint MD of Dr. Straetmans, adds: ‘In combination with Evonik’s emulsifier expertise, we can provide our customers with even better support for developing formulations.’

In addition to its alternative preservative systems, Dr. Straetmans offers selected conventional preservatives. The decades-long experience of both companies and the comprehensive product range mean that in future Evonik and Dr. Straetmans can offer customers formulation concepts for sustainable use.



Latest


28 Sep 2020
New film former ensures natural makeup is both sustainable and long-lasting

The new film former Baycusan eco E 1001 from Covestro fulfils consumer demand for sustainable products, while helping cosmetics manufacturers increase acceptance…

New film former ensures natural makeup is both sustainable and long-lasting

The new film former Baycusan eco E 1001 from Covestro fulfils consumer demand for sustainable products, while helping cosmetics manufacturers increase acceptance of their products.  More and more consumers are demanding products that not only make them look great, but are sustainable as well. This poses a challenge for makeup manufacturers: their formulations need…

25 Sep 2020
New dates for MAGHREB PHARMA

Easyfairs Northeral, the organiser of MAGHREB PHARMA Expo has announced new dates for its annual international tradeshow for the pharmaceutical…

New dates for MAGHREB PHARMA

Easyfairs Northeral, the organiser of MAGHREB PHARMA Expo has announced new dates for its annual international tradeshow for the pharmaceutical industry in North Africa. In this context, the Algerian Pharmaceutical Industry Minister, Lotfi Benbahmed, announced end of August in Algiers that Algeria plans to export the equivalent of $ 5…

25 Sep 2020
Are you the next generation of brave healthcare professionals?

Season 2 of ‘Sponsors of Brave’ is now open for nominations.  The 2020 Sponsors of Brave campaign – a partnership…

Are you the next generation of brave healthcare professionals?

Season 2 of ‘Sponsors of Brave’ is now open for nominations.  The 2020 Sponsors of Brave campaign – a partnership between Adcock Ingram OTC and News24 – aims to celebrate the unsung heroes and brave professionals in healthcare. In particular, season 2 recognises that pursuing a career in healthcare during…

25 Sep 2020
How data sciences will help you get optimum value from your factory floor

Industry 4.0 and IIoT have been buzz words for several years and these concepts are actually implemented on more and more machines.  …

How data sciences will help you get optimum value from your factory floor

Industry 4.0 and IIoT have been buzz words for several years and these concepts are actually implemented on more and more machines.   A huge amount of data becomes available: machine data, data of the production process and data regarding the manufactured product. Big Data has entered the factory floor.  Data pipeline   Data…


Top stories


25 Jun 2020
How to ensure business agility in a pandemic

BY: Neil Birch, CEO at Novus Holdings Business agility is the capability of a business to respond quickly to a…

How to ensure business agility in a pandemic

BY: Neil Birch, CEO at Novus Holdings Business agility is the capability of a business to respond quickly to a changing environment, whether it be internal or external. Qualities of agile businesses include being adaptive, flexible and creative in your response to change without losing momentum (remaining productive) or vision.…

01 May 2020
Fibertex manufactures critical components for COVID-19 PPE

Fibertex SA, part of the global Fibertex Nonwovens group, has developed versatile high-performance components for protective facemasks and respirators. “Fibertex,…

Fibertex manufactures critical components for COVID-19 PPE

Fibertex SA, part of the global Fibertex Nonwovens group, has developed versatile high-performance components for protective facemasks and respirators. “Fibertex, which continuously invests in technological advancements to meet requirements in diverse industries – has increased production capacity of materials so desperately needed during the global COVID-19 pandemic,” explains Rosa Naidoo,…

23 Apr 2020
Are you South Africa’s best female entrepreneur?

Entries are now open for the Santam Women of the Future Awards 2020 in association with Fairlady and True Love.…

Are you South Africa’s best female entrepreneur?

Entries are now open for the Santam Women of the Future Awards 2020 in association with Fairlady and True Love. Santam, Fairlady and, for the first time this year, Truelove Magazine, have partnered up in the search to find the best female entrepreneurs in the country. Best women entrepreneurs If…

30 Nov 2017
Rooibos could reduce risk of “Type 3” diabetes – a precursor to Alzheimer’s

Researchers at Warren Alpert Medical School at Brown University in the US found a link between a relatively new form…

Rooibos could reduce risk of “Type 3” diabetes – a precursor to Alzheimer’s

Researchers at Warren Alpert Medical School at Brown University in the US found a link between a relatively new form of diabetes, known as “type 3” diabetes and Alzheimer’s disease.


Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za