Sun Chemical buys UK-based cosmetics colour maker Kingfisher

Sun Chemical buys UK-based cosmetics colour maker Kingfisher

7:58 AM, 5th August 2015
Sun Chemical buys UK-based cosmetics colour maker Kingfisher

PARSIPPANY, US: Sun Chemical Corporation and its parent company, DIC, have acquired Kingfisher Colours Ltd, a Reading, UK-based privately-owned decorative cosmetics colour manufacturer. The financial details were not disclosed.

Sun will expand its global position in the decorative colour cosmetics marketplace. Together with Kingfisher’s complementary colour portfolio, Sun can provide cosmetics formulators new, innovative styling looks while further expanding colour space capabilities, Sun said.

Additionally, Kingfisher’s European-based production sites will enhance Sun Chemical’s global cosmetics colours manufacturing capabilities and will allow for further penetration into developing markets.

James Ward, supply chain director, performance pigments, Sun Chemical, will manage Kingfisher and its integration into Sun Chemical’s existing global cosmetics business led by Bart Vanderbiest, global director cosmetics, Sun said.

“The addition of Kingfisher will further expand Sun Chemical’s cosmetics and personal care product offerings globally. Sun has experienced tremendous growth in the global cosmetics market and this acquisition will help us grow quickly into this strategic market,” said Myron Petruch, president, performance pigments, Sun Chemical.

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