Safic-Alcan acquires majority stake in Avees Biocos
Supply Chain

Safic-Alcan acquires majority stake in Avees Biocos

Avees Biocos laid the foundations as the perfect partner to help source advanced technology ingredients and help formulate unique cosmetic products

  • By ICN Bureau | November 30, 2024

Safic-Alcan, a major distributor of specialty chemicals, announces that it has acquired a majority stake in Avees Biocos Private Limited, a leading personal care chemical distributor in India.

Established in 2007, Avees Biocos laid the foundations as the perfect partner to help source advanced technology ingredients and help formulate unique cosmetic products.

Avees offers products such as biopolymers, preservatives, emollients, sensory modifiers, UV Filters, active ingredients for skin and hair care, emulsifiers, fragrances and functional polymers. Based in Gurugram, Avees relies on a state-of-the-art innovation center to develop unique formulation solutions for its clients.

This is a strategic move for Safic-Alcan to diversify its activities in the Asia Pacific region and reinforce its personal care footprint with strong synergies now across continents. 

Yann Lissillour, CEO, Safic-Alcan Group, said: “We are lucky to have already been working with Avees Biocos for many years as our distributor for our SAFIC’Care range. We feel that this is a very natural next step to take with Rahul and his very skilled team. I am delighted now that we can boast personal care activities in North and South America, Europe, Africa and Asia,” added Jose Lora, Managing Director Life Sciences and executive committee member.

“We are very happy to have found the perfect partner for growth who is already aligned to our motto “Innovation at Heart’. With this strategic partnership Avees will bring more specialty solutions, applications and services for its customers. We also assure our suppliers & customers that Avees will continue to function exactly as before and with the same people,” added Rahul Sawhney, Managing Director Avees Biocos Private Limited.

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