# Clariant agrees to acquire Lucas Meyer Cosmetics for $810 million

Clariant announced on October 30, 2023, that it has agreed to acquire Lucas Meyer Cosmetics from International Flavors & Fragrances for $810 million in cash, expected to close in Q1 2024.

- Type: Acquisition
- Announced: 2023-10-30
- Where: Canada
- Value: $810.0M
- Status: announced
- Products: high value cosmetic ingredients
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Clariant](https://endata.com/companies/426.md) (acquirer)
- [International Flavors & Fragrances](https://endata.com/companies/31738.md) (partner)
- [Lucas Meyer Cosmetics](https://endata.com/companies/73335.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2023/10/30/2768838/0/en/clariant-agrees-to-acquire-lucas-meyer-cosmetics-a-leading-provider-of-high-value-ingredients-for-the-cosmetics-and-personal-care-industry.html), 2023-10-30: "Clariant, a sustainability-focused specialty chemical company, today announced that it has agreed to acquire Lucas Meyer Cosmetics... for a total cash consideration of USD 810 million."
- [reuters.com](https://www.reuters.com/markets/deals/clariant-buy-canadas-lucas-meyer-cosmetics-810-mln-2023-10-30/), 2023-10-30: "Switzerland-based Clariant AG said on Monday it would acquire Canada's Lucas Meyer Cosmetics from International Flavors & Fragrances in an all-cash deal for $810 million."
- [finanznachrichten.de](https://www.finanznachrichten.de/nachrichten-2023-10/60498483-clariant-agrees-to-acquire-lucas-meyer-cosmetics-a-leading-provider-of-high-value-ingredients-for-the-cosmetics-and-personal-care-industry-399.htm), 2023-10-30: "Clariant, a sustainability-focused specialty chemical company, today announced that it has agreed to acquire Lucas Meyer Cosmetics... for a total cash consideration of USD 810 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.