Air Products Acquires ROVI Cosmetics

Feb 13, 2012 | Contact Author | By: Katie Schaefer
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Title: Air Products Acquires ROVI Cosmetics
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Air Products has acquired ROVI Cosmetics International GmbH. Terms of the deal were not disclosed.

ROVI Cosmetics has 18 employees and specializes in delivery systems for skin care and hair care products. Air Products recently has made efforts to expand its personal care portfolio, and it finds that ROVI's technically advanced product lines will complement its current offering of polymers.

“We are excited about this opportunity. Air Products and ROVI present a perfect match that will facilitate the development and global sale of advanced skin care actives,” said Dirk Teichmüller, president and chief executive officer of ROVI Cosmetics in a company press release.