Botaneco secures Brazil ingredients distribution deal

- Last updated on GMT

Canada-based natural ingredients company Botaneco has signed a distribution agreement with Brazil-based Dinaco in a bid to expand its presence in the cosmetics and personal care market there.

Dinaco represents approximately 15 of the world's most important manufacturers in Brazil, supplying products and material in multiple segments including those for the cosmetic industry.

"The Brazilian cosmetics and personal care industry registered impressive sales worth US$16.5 billion in 2010 and continues to grow due to the improved purchasing power and rising product ingredient awareness of the Brazilian market."​ said Tony Abboud director, sales marketing at Botaneco.

"As Botaneco starts to expand its distribution network for personal care products into Latin America, gaining access to the Brazilian cosmetics market is key."

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