Safic-Alcan Enters Indian Market with a Strategic Partnership with Avees Biocos
Safic-Alcan, a distributor of specialty chemicals, recently announced that it has acquired a majority stake in Avees Biocos Private Limited, a personal care chemical distributor in India.
Founded in 2007, Avees Biocos specializes in sourcing advanced ingredients and formulating unique cosmetic products. It offers biopolymers, preservatives, emollients, UV filters, active ingredients, emulsifiers, fragrances, and functional polymers. Based in Gurugram, Avees uses a state-of-the-art innovation center to develop unique solutions for 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. We are delighted to join forces with Rahul and Avees Biocos team,” stated Yann Lissillour, CEO of the Safic-Alcan Group.
“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.
