Eternis Fine Chemicals has bolstered its international presence with the strategic acquisition of Sharon Personal Care, a global supplier of innovative personal care ingredients. The deal positions Eternis to further diversify its offerings, marking a significant step into the dynamic personal care sector.
Sharon Personal Care brings a robust portfolio of green chemistries, bioactive ingredients, and cutting-edge preservation systems, supported by research facilities in Italy and Israel and a distribution network spanning the U.S., Europe, and beyond. The acquisition complements Eternis’s established aroma chemicals business, renowned for its high-capacity manufacturing operations in India and the UK.
This transaction underscores Eternis’s commitment to sustainable innovation and market expansion. With Sharon Personal Care’s expertise, Eternis gains access to advanced manufacturing and logistics capabilities, while broadening its product portfolio to cater to the evolving demands of the personal care industry.
The deal, involving cross-border complexities across five jurisdictions, was guided by DSK Legal, serving as the lead transaction counsel. Their role encompassed structuring the acquisition, navigating due diligence, finalizing agreements, and coordinating with a global team of advisors to ensure seamless execution.
This move aligns with Eternis’s growth strategy, leveraging decades of heritage in the fragrance and flavor industry to establish a stronger foothold in adjacent sectors. The acquisition reinforces the company’s ambition to deliver innovative and sustainable solutions worldwide.
