US Lubrizol completes acquisition of Spain’s Lipotec

31 July 2012 17:25  [Source: ICIS news]

HOUSTON (ICIS)--Lubrizol has completed its acquisition of Spain’s personal care ingredients firm Lipotec, the US-based specialty chemical producer said on Tuesday.

Lubrizol said that the acquisition, which was announced last month, would help to complement and strengthen its global personal care ingredients business.

Financial terms were not disclosed.

Lipotec is focused on peptide-based active cosmetic ingredients, delivery systems and biotechnology products.

By: Stefan Baumgarten
+1 713 525 2653

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