![]() Franck Michoux, founder and CEO of Alkion. This results in unique, innovative cosmetic actives," said Dr. "We are simply reinforcing the strength of nature. The entire process takes place without altering the plant genome. The company has developed methods for cultivating plant biomass under laboratory conditions and obtaining extracts from this with an exceptionally high yield of complex ingredients. Evonik is now able to offer its customers highly effective customized plant-based active ingredients that live up to their product claims.Īlkion Biopharma SAS is one of the leading manufacturers of biotechnologically developed cosmetic active ingredients. "This allows us to offer customers product concepts to set themselves apart from competitors," said Boinowitz. By taking over the French biotech company, Evonik is strengthening its portfolio of specialty active ingredients. Tammo Boinowitz, head of the Personal Care Business Line at Evonik. We are resolutely continuing along this path with the acquisition of Alkion," said Dr. "Thanks to its formulation and application expertise, Evonik enjoys an excellent reputation in the cosmetics industry. The purchase price has not been disclosed. Evonik is purchasing this company to expand the portfolio of the Personal Care Business Line in the area of active ingredients. Alkion specializes in the development of biotechnological active ingredients for the cosmetics industry and was founded as a spin-off of the Imperial College London in 2011. The transaction is due to be completed in April. On April 6, 2016, Evonik Industries concluded a purchase agreement to take over the start-up Alkion Biopharma SAS, headquartered in Evry (France). Alkion Biopharma SAS extracts cosmetic actives from plant biomass. ![]() Evonik acquires strength in the area of sustainably developed ingredients for cosmetics.
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