THE WHAT? Omya has announced that it has completed the acquisition of Formulae Development.
THE DETAILS The specialty ingredients firm is hoping to leverage the contract R&D company’s commitment to customer satisfaction as well as its own international network of technical innovation centers to better serve the needs of its customers.
Omya now has a strong North American platform for personal care with locations in Long Beach, CA, Hazlet, NJ and Mexico City.
THE WHY? With the acquisition, Omya is strengthening its position as leader in cosmetic research and development within the Americas.