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Air Liquide subsidiary Seppic has acquired BiotechMarine, a supplier of bio-based cosmetic active ingredients made from algae. Owned by the Roullier Group, BiotechMarine is based in Pontrieux, France and has 35 employees.
The acquisition will provide Seppic, part of Air Liquide’s Healthcare Business Line, with complementary expertise in marine biotechnologies and plant cell culture.
"We are delighted to welcome these new employees to the group,” said Pascal Vinet, vp of Healthcare Global Operations and member of the group’s executive committee. “With this acquisition Air Liquide intends to reinforce its position in the field of healthcare specialty ingredients. The complementary nature of BiotechMarine and Seppic allows us to widen our know-how and continue the development of this activity. Health is one of the group’s growth drivers.”