Lucas Meyer Cosmetics, a wholly owned subsidiary of Unipex Group, which develops, manufactures and markets active ingredients for the cosmetics and personal care, pharmaceutical and food industries, is strengthening its position in the natural ingredients market segment with the acquisition of Southern Cross Botanicals, the leading supplier of Australian botanical ingredients.
Southern Cross Botanicals, headquartered in New South Wales near Byron Bay in Australia, is recognized as a world’s leading reference for the development of innovative botanical ingredients derived from Australian native plants (botanical extracts, certified organic extracts, active ingredients, essential oils, vegetable oils and exfoliants).
“This acquisition will strengthen our position as a provider of distinctive natural ingredients combining unique properties and exotic marketing stories. We will now have access to a pipeline of over 1000 new botanical ingredients derived from the rich biodiversity of Australia, which hosts over 20,000 endemic plant species from the rainforest, desert and sea for the development of products. Over the next year we plan on fast-tracking the development of several new innovative botanical ingredients for cosmetic and personal care applications, which we have identified as having significant potential. We aim to build the Southern Cross Botanicals brand with increased offers to our existing customer base, and by establishing new long-term orientated customer relationships based upon unparalleled service and innovation,” said Antonio Lara, Vice President and General Manager of Lucas Meyer Cosmetics.
“The synergies between Lucas Meyer Cosmetics and Southern Cross Botanicals are undeniable. The coming years will be a very exciting time for the company as we bring to market some truly innovative botanical ingredients that will offer our customers real differentiation on the market,” added Mikel Priest, co-owner of Southern Cross Botanicals, who will continue to manage the business in Australia.
