2M Holdings Ltd expands in cosmetics ingredients in France with the acquisition of Ingretech SAS.
WHO: Ingretech was established 6 years ago by Aline Serre, Aldo Ravanelli, Alfredo Rocchi, and Sergio Sala as a specialty ingredient and formulation distribution business supplying French cosmetics producers. Ingretech is the distributor in France of KahlWax, Innospec, Worlée-Chemie, Sandream Impact, Ephyla, Chemyunion, Grace Technology, and Heroflon.
The 2M Holdings group of companies is a portfolio of strong brand life and material science-based companies, supplying chemicals and application know-how worldwide for a multitude of industries including the Personal Care, Pharmaceutical, Automotive, Aerospace, Oil & Gas, and Water Utility industries. Entrepreneur founded in 2004, the group is privately owned.
Surfachem Group, a 2M Holdings company, is an international specialty chemical distributor. Working in partnership with industry-leading manufacturers, Surfachem delivers sustainable solutions to customers worldwide in over 65 countries by offering exceptional technical and logistical expertise.
WHY: 2M Holdings is adding to its family of personal care specialty ingredients companies.
IN THEIR OWN WORDS: “The personal chemistry and synergy in culture with Aline and her team were key to our decision to progress with the acquisition. The same business focus of Ingretech and Surfachem are an added bonus,” Mottie Kessler, Chairman and CEO of 2M Holdings said in a statement.
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