April 2016 Spray 37 Mergers & Acquisitions The Estée Lauder Companies Inc. announced it has acquired By Kilian, the Paris-based prestige fragrance brand. By Kilian’s current product offerings include fragrances, candles and other accessories, as well as exclusive collections available in certain regions. Terms of the deal were not disclosed. EFI, part of the Artexis Easyfairs group, announced its acquisition of the French company Oriex Communication, which organizes the ADF & PCD (Aerosol & Dispensing Forum and Packaging Perfumes, Cosmetics & Design) events held in Paris and New York. Artexis Easyfairs organizes events such as Packaging Innovations, Luxury Packaging, Label&Print and Empack. Its existing portfolio includes 32 events across 16 cities and 11 countries, attracting over 100,000 visitors and 3,500 exhibitors each year. EFI intends to organize ADF & PCD events and conferences with existing Oriex staff, to provide continuity with the existing concept. Oriex Communication will come under the leadership 'of Eric Everard, CEO of Artexis Easyfairs. The Paris team now report to Matt Benyon, Global Managing Director of Easyfairs UK. This acquisition comes in the wake of a series of previous Easyfairs acquisitions in the packaging sector in 2015: Macropak in Utrecht, Pack&Move Basel, and Northeral, organizers of the Maghreb Pharma expo in Algiers. Germany’s Henkel, maker of Schwarzkopf hair care and Loctite glue, has agreed to buy a range of hair care brands with a focus in emerging markets and generating annual sales of close to $100 million from U.S. rival Procter & Gamble. The deal includes brands such as Pert, Shamtu and Blendax, whose key countries are Russia, Saudi Arabia and Turkey, Henkel said. Parties agreed not to disclose financial details of the deal. AptarGroup, Inc. announced it has completed the acquisition of Mega Airless after receiving the necessary regulatory approvals. As previously reported, this strategic acquisition adds complementary products and market coverage to AptarGroup’s existing diversified portfolio of business. Pressure Points continued from p. 10 Even if we eliminated all man-made VOCs, natural VOCs would run the NOx engine. Agencies therefore responded by targeting NOx reductions. NOx levels have been lowered significantly during the past 25 years. Today, there are few regions even briefly experiencing MIR conditions. By the time NOx is reduced enough to attain healthy ozone levels, our low-reactivity VOCs will have almost no impact on ozone. Both time and science may be on our side in this second ozone-related issue. If all goes well, the aerosol products industry may be able to move beyond both ozone issues in the foreseeable future. Spray 1 CSMA Pressurized Products Surveys, 1973-1982 2 This is often referred to as VOClimited versus NOx-limited atmospheric conditions. An additional irony is that VOC photochemical reactivity tends to inversely correlate with both Ozone Depletion Potential and Global Warming Potential, since high reactivity lowers a VOCs atmospheric half-life.
Spray April 2016
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