THE WHAT? IMCD China has announced the acquisition of 100 percent of the shares of Shanghai Syntec Additive and Shanghai Weike Additive, jointly “Syntec’.
THE DETAILS Syntec represents global suppliers and provides market, technical and formulation expertise in China’s personal care, cosmetics, and home care industries.
Owen Yu, Founder and General Manager of Syntec said, “We are delighted to join IMCD as we share a similar approach of being service oriented and providing innovative solutions to our customers and partners. We will be able to tap on IMCD’s global network and resources to gain sustainable development and progression in the personal care market.”
THE WHY? The buy-out is hoped to accelerate IMCD China’s growth within the personal care market, with the transaction expected to close within the next five weeks.
Andreas Igerl, Managing Director of IMCD China, said, “The personal care market is an integral part of IMCD China’s growth strategy. With this acquisition, we now can accelerate our growth momentum organically and through supplier expansion. The addition of a fully equipped laboratory in Shanghai will provide added value through formulation expertise to our customers.”
Aesthetic medicine products are developed and regulated to meet stringent safety and efficacy standards. They are typically administered by trained healthcare professionals such as dermatologists, plastic surgeons, and specialized nurses in clinical settings. These products aim to provide effective solutions for cosmetic enhancement, skin rejuvenation, and overall aesthetic improvement, contributing to both physical appearance and self-confidence.
Key categories of aesthetic medicine products include:
-
Injectables: This category includes products such as dermal fillers, botulinum toxins (e.g., Botox), and collagen stimulators. These injectables are used to smooth wrinkles, add volume, and improve facial contours.
-
Skin Rejuvenation Treatments: Products like chemical peels, microdermabrasion systems, and laser devices are used to improve skin texture, reduce pigmentation irregularities, and enhance overall skin tone.
-
Skincare Products: These include medical-grade cleansers, moisturizers, serums, and topical treatments containing active ingredients like retinoids, antioxidants, and growth factors. They are formulated to address specific skin concerns such as acne, aging, and hyperpigmentation.
-
Hair Restoration Products: Medical treatments and products designed to promote hair growth and treat conditions such as male and female pattern baldness.
-
Body Contouring and Fat Reduction: Devices and products used for non-surgical body sculpting, such as cryolipolysis (cool sculpting) devices and injectable lipolytics.
-
Cosmeceuticals: High-performance skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing potent ingredients with proven clinical benefits.
-
Wound Care and Scar Management: Products like silicone sheets, gels, and advanced wound dressings used to improve healing and reduce the appearance of scars.
