21 Jan 2020 --- In a bid to expand its Care Solutions business line with a nutricosmetics component, Evonik has agreed to acquire Wilshire Technologies (Wilshire), a global supplier of phytochemicals and derivatives to the cosmetic and pharmaceutical industries. The acquisition is set to jumpstart Evonik’s focus on its “Health & Care” growth engine, established to meet the increasing demands from customers toward the global trend of bio-based products. The purchase transaction is set to be completed by the end of this month, with the purchase price undisclosed.
