# Syensqo acquires ceramide specialist JinYoung Bio

Syensqo, Solvay's specialty chemicals group, has acquired JinYoung Bio, a South Korean supplier of specialty ingredients for cosmetics, to strengthen its position in skin care and biotechnology.

- Type: Acquisition
- Announced: 2024-05-14
- Where: South Korea
- Status: completed
- Products: biomimetic ceramides, functional ingredients of natural origin
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Syensqo](https://endata.com/companies/77035.md) (acquirer)
- [JinYoung Bio](https://endata.com/companies/77414.md) (target)

## Sources

- [industries-cosmetiques.fr](https://www.industries-cosmetiques.fr/en/syensqo-acquires-ceramics-specialist-jinyoung-bio/), 2024-05-14: "This acquisition demonstrates our deep commitment to innovation and our focus on sustainable solutions based on the power of biotechnology."

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