Vantage acquires Textron Plimon Natural Oils

By Simon Pitman contact

- Last updated on GMT

Vantage acquires Textron Plimon Natural Oils
Vantage Specialty Chemicals has signed a definitive agreement to acquire Textron Plimon, a specialist in natural oils for the personal care, food and fine chemical industries.

Vantage is a provider of natural-based ingredients for the personal care and is seeking to expand its portfolio offering by adding the considerable footing Textron already has in the naturals oils space, so the addition of the business will also serve to diversify the business.

Textron is based near Barcelona in Spain and through its state of the art processing facility it has built a global business sourcing and processing oils and see from all over the world.

Natural ingredients and preservatives

In the cosmetics and personal care space, Textron offers a range of natural oil based ingredients and preservatives, while it also has a range of food oils and bismuth derivatives.

“The acquisition of Textron supports our commitment to strategically grow and expand the value we bring our customers throughout the world in natural oils,”​ saidAndy Harris, Chief Executive Officer of Vantage.

“This strategic combination builds upon Vantage’s existing leadership position in jojoba oil and further establishes Vantage and Textron as premier providers of natural oils to broaden and complement our specialty ingredient solutions for evolving trends in personal care and food.”

A good fit for Vantage

Vantage has been undergoing a period of expansion since it was acquired by H.I.G. in October 2018, with the addition of Textron making it the fourth business it has added to the Vantage group.

“Textron’s world-class production facility and focus on vegetable oils is a natural fit with Vantage’s current portfolio,” ​said Serge Rogasik, Senior Vice President of Vantage’s Personal Care business.

“It will create a global leader in the increasingly demanding world of traceable and sustainable natural oils for personal care and allow us to better serve the evermore stringent sourcing needs of our combined customer base.”

Related news

Related products

show more

Localizing Your Supply Chain

Localizing Your Supply Chain

Oracle NetSuite | 13-Jul-2021 | Technical / White Paper

Building resilience requires establishing relationships with multiple suppliers and manufacturers. It also requires complete visibility into the source...

WS SA50™: antibacterial properties against P. acnes

WS SA50™: antibacterial properties against P. acnes

Tagra Biotechnologies | 18-Jun-2021 | Product Presentation

Antibacterial properties of WS SA50 TM against P. Acne were tested in-vitro by Disc Diffusion Assay. The zone of inhibition value was determined in cultures...

Restores Hair Lipids, Acts as Silicone on Skin

Restores Hair Lipids, Acts as Silicone on Skin

ASSESSA | 15-Jun-2021 | Product Brochure

FIBER PLUGIN BMS is the result of a careful combination of 100% natural extracts, monoesters, triglycerides, and hemisqualane, and is a multifunctional...

Sacred lotus cells to relax skin

Sacred lotus cells to relax skin

Naolys | 03-Jun-2021 | Sponsored Link

Unwind Sacred lotus is made of Sacred lotus (nelumbo nucifera) active plant cells, the Indian or sacred lotus that symbolizes regeneration and enlightenment....

Related suppliers

Follow us

Products

View more

Webinars