Les ingredients Lucas Meyer Cosmetics

Les ingredients Lucas Meyer Cosmetics

April 15, 2013 09:24 ET

Lucas Meyer Cosmetics Acquires Southern Cross Botanicals, a Leader in Australian Botanical Ingredients

A synergistic acquisition strengthening the position of Lucas Meyer Cosmetics in the natural ingredients market segment

QUEBEC CITY, QUÉBEC--(Marketwired - April 15, 2013) - Lucas Meyer Cosmetics, a wholly owned subsidiary of Unipex Group, and leading company in the field of innovative active and functional ingredients for the cosmetics industry, announced today that it has acquired Southern Cross Botanicals, the leading supplier of Australian botanical ingredients. This acquisition will expand the Lucas Meyer Cosmetics product line and is perfectly in line with its corporate vision, which focuses on innovation and client satisfaction.

Southern Cross Botanicals, headquartered in New South Wales near Byron Bay in Australia, is recognized as the world's leading reference for the development of innovative botanical ingredients derived from Australian native plants (botanical extracts, certified organic extracts, active ingredients, essential oils, vegetable oils and exfoliants). Over the years, Southern Cross Botanicals has built a solid portfolio of products sourced in an ethical and sustainable manner without degradation to the environment, at fair market price from indigenous and non-indigenous growers and plant collectors, as well as from the company's own plantations in Australia.

"This acquisition will strengthen our position as a provider of distinctive natural ingredients combining unique properties and exotic marketing stories. We will now have access to a pipeline of over 1000 new botanical ingredients derived from the rich biodiversity of Australia, which hosts over 20,000 endemic plant species from the rainforest, desert and sea for the development of products. Over the next year we plan on fast-tracking the development of several new innovative botanical ingredients for cosmetic and personal care applications, which we have identified as having significant potential. We aim to build the Southern Cross Botanicals brand with increased offers to our existing customer base, and by establishing new long-term orientated customer relationships based upon unparalleled service and innovation," said Antonio Lara, Vice President and General Manager of Lucas Meyer Cosmetics.

"We are convinced that we have found in Lucas Meyer Cosmetics a dynamic and future-oriented partner that shares our values and will greatly contribute to Southern Cross Botanicals' future development," added Don Priest, co-owner of Southern Cross Botanicals.

"The synergies between Lucas Meyer Cosmetics and Southern Cross Botanicals are undeniable. The coming years will be a very exciting time for the company as we bring to market some truly innovative botanical ingredients that will offer our customers real differentiation on the market," commented Mikel Priest, co-owner of Southern Cross Botanicals, who will continue to manage the business in Australia.

With this acquisition, Lucas Meyer Cosmetics affirms its position as a leader in the cosmetic and personal care industry, providing customers with unique, innovative, ethical and sustainable ingredients that offer outstanding consumer benefits.

About Lucas Meyer Cosmetics

Lucas Meyer Cosmetics is the business unit of Unipex Group that develops, manufactures and markets innovative ingredients for the cosmetics and personal care industry. We offer active ingredients, functional ingredients and delivery systems from a variety of sources. Our active ingredients are designed to maintain the body's natural reactions, strengthen its defenses against environmental aggressions, delay the signs of aging and address other modern-day cosmetic challenges. Our functional ingredients deliver unique texture, skin feel and optimal product performance. Our phospholipid-based delivery systems provide flexible vectors to increase the efficacy and stability of active ingredients. Our wide product range is complemented by a broad array of scientific, technical, marketing, formulation and regulatory support services. The formulation laboratory has been designed to unlock the full potential of each ingredient. Lucas Meyer Cosmetics' portfolio of ingredients is available worldwide through a network of distributors and professional agents in more than 50 countries in North America, Europe and Asia. The Lucas Meyer Cosmetics team is comprised of scientists and sales and marketing professionals located in Canada, France, Australia and the US. Also part of the Lucas Meyer Cosmetics family is IRIS, a subsidiary based in France specializing in cosmetovigilance and consumer testing. Additional information regarding Lucas Meyer Cosmetics is available on its website www.lucasmeyercosmetics.com.

About Unipex Group

Unipex Group is a privately held company specializing in the development, production, marketing and distribution of active ingredients, specialty chemicals and other chemical products in the cosmetics, pharmaceutical, nutrition and industrial sectors. It is also active in the areas of vigilance and consumer testing through its Iris division. Its distribution and marketing network serves more than 50 countries in North America, Europe and Asia. It counts seven offices across North America, Australia and Europe. Additional information regarding the Unipex Group is available on its website www.unipex.com

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