Eternis Fine Chemicals Ltd (Eternis) has acquired 100% of the shares of Sharon Personal Care.WHO: Headquartered in Ashdod, Israel, Sharon Personal Care is a global supplier of innovative ingredient solutions for a broad range of personal care products, with specialized expertise in trending market segments. The company's product portfolio includes unique preservation systems, green functional chemistries, bioactive ingredients, and oleosome technology. The company was founded in 1992 by Assaf & Hedda Burstein as part of the Sharon Group of Companies. The company employs about 100 people worldwide, with manufacturing, logistics, and scientific facilities on three continents.Eternis has been a wholly owned family business operated by the Mariwala family that has been in the fragrance and flavor industry since 1988. Eternis is headquartered in Mumbai, India, and has four manufacturing facilities in the state of Maharashtra (India), with a total capacity of over 66,000 tons per year of Aroma Chemicals. It has a turnover of over $250 million and has 600+ employees. WHY: This deal further expands Eternis' global footprint, leveraging the multi-location research labs and manufacturing and distribution platforms to continue serving its customers better. This acquisition marks a significant step towards diversifying its offerings and, widening the portfolio into the personal care segment.IN THEIR OWN WORDS: "As we step into 2025, I speak on behalf of the team at Eternis in expressing my excitement with this significant milestone of successfully completing another overseas acquisition in our growth journey," says Rajen Mariwala, Managing Director of Eternis.