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Aesthetic medicine products. Unilever faces expulsion from UK government-backed Prompt Payment Code over payment performance

THE WHAT? Unilever is facing expulsion from the UK government backed Prompt Payment Code unless the company improves its payment performance, according to a report by The Times.  THE DETAILS The code promotes fair treatment of suppliers, with Small Business Commission Liz Barclay calling on Unilever to speed up its payment or alternatively leave the code.  As …

Aesthetic medicine products. Clariant acquires remaining 70 percent stake in Brazilian personal care company Beraca; takes over full ownership

THE WHAT? Specialty chemicals company Clariant has increased its current 30 percent stake in Brazilian personal care company Beraca, purchasing the final 70 percent to take over full ownership.  THE DETAILS The agreement sees Clariant purchase the remaining amount from the founding Sabará family, with the purchase price not disclosed.  The deal will be subject to regulatory …