Elementis Plc acquires personal care specialist Alchemy Ingredients Limited
LONDON: Elementis plc, a global specialty chemicals company, today announced that it has completed the acquisition of UK based Alchemy Ingredients Limited (“Alchemy”) for an enterprise value of c.$22m on a cash-free debt-free basis. Alchemy develops innovative, high-quality, sustainable rheology modifier ingredients for the personal care industry across a range of cosmetics and skin care…