July 19, 2011 08:35 ET

Unipex Acquires Lucas Meyer Cosmetics

A synergistic acquisition strengthening Unipex's position in the cosmetic and personal care industry

QUEBEC CITY, QUEBEC--(Marketwire - July 19, 2011) - Unipex, a leading Company in the field of innovative active ingredients for the cosmetics industry, announces today that it has acquired Lucas Meyer Cosmetics, a leading supplier of natural cosmetic functional ingredients, delivery systems, and active ingredients. This acquisition will expand the strategic portfolio of Unipex's product line, and aligns perfectly with its corporate vision that focuses on innovations and client satisfaction.

Lucas Meyer Cosmetics, headquartered in the Paris region, employs 20 people and is recognized as the world's leading reference for phospholipids. Over the years, Lucas Meyer Cosmetics has developed natural functional ingredients that offer formulating chemists an extraordinary palette of exquisite textures, along with formulation expertise to unlock the full potential of each ingredient. This, in turn, lends their customers support in their product development process, from the design of new product concepts, right up to first production batches. This sense of innovation combined with quality management skills helped the company generate substantial revenue and profit growth since its inception.

"This acquisition represents an exciting move forward and will strengthen our position in the industry. We will now have a wider offering of sophisticated and highly innovative products and services for our customers worldwide, widening our portfolio of active ingredients, delivery systems, and natural functional ingredients to name a few. We also combine both the expertise and scientific knowledge from Unipex, which relate to peptides and biotech actives, and from Lucas Meyer Cosmetics, which relate to functional ingredients and phospholipids, to improve our ideation and innovation processes" says Patrice Barthelmes, CEO of Unipex.

"We are convinced that we have found in Unipex a dynamic and future-oriented partner that shares our values and will greatly contribute to Lucas Meyer Cosmetics' future development", added Jean-Pierre Arnaud and Eric Calmon co-owners of Lucas Meyer Cosmetics who will continue to drive the business.

The combination of Unipex's global presence with the strength of Lucas Meyer Cosmetics on the European market will create immediate synergies and will provide our customers with the best offering from each company. This acquisition is expected to double Unipex's proprietary products sales and provide greater formulation support and resources worldwide.

Both Unipex and Lucas Meyer Cosmetics have introduced highly innovative ingredients since the beginning of 2011, including: Capixyl™, a biomimetic peptide combined with red clover extract to address hair loss and boost hair growth; ECOGEL™, the first gelling-emulsifying agent certified by Ecocert, providing a silicone-like skin texture with a cool, soft, and non-greasy feel; Melitane®, a biomimetic peptide to reverse the hair's graying process; DETOXIUM™, an encapsulation of Nigari salt in polysaccharide-coated liposomes that stimulate cellular detoxification and increases cellular longevity.

With this acquisition, Unipex affirms its position as a leader in the cosmetic and personal care industry, providing customers with full, convergent, and connected 360˚ expertise at every step of the product development process and over its complete life cycle, from concept to post-market.

About Unipex

Unipex is a privately held company specializing in the development, production, marketing, and distribution of active ingredients and specialty chemicals for world-class producers in the cosmetics, pharmaceutical, specialty chemical, and nutrition industries. Unipex is also active in the areas of vigilance and consumer testing through its Iris subsidiary. Its distribution and marketing network serves more than 50 countries in North America, Europe, and Asia. The company has over 165 employees in six offices across North America and Europe. Additional information regarding Unipex is available on its website www.unipex.com.

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