Res Pharma Industriale and Sharon Laboratories announces an Acquisition Agreement
Trezzo Sull’Adda 3-03-2022 – Res Pharma Industriale, chemical company specialized in research, innovation and production of personal care ingredients and wet wipes solutions, announces that has signed a definitive agreement for its acquisition by Sharon Laboratories, Ltd. (Ashdod, Israel), a leading global innovator and manufacturer of preservative solutions for cosmetics and personal care markets.
The whole RPI’s technology, R&D, manufacturing, commercial developments and customer services capabilities will be completely integrated into Perrsonal care business of Sharon Laboratories during March of 2022.
Agostino Facchini, founder and president of Res Pharma Industriale is optimistic about the potential for the new organization. “RES Pharma Industriale is a well-established company with strong roots, which has continued to grow and develop over the years. I’m convinced Sharon Laboratories is the best partner to take RES Pharma Industriale into the next stage. This is more than a transaction, I see it as two families coming together.”
According to Naama Eylon, General Manager of Sharon Laboratories, a broader, more diverse portfolio of cosmetic ingredients beyond preservation will further strengthens Sharon’s global reach and position, as a leading specialty solution provider to the cosmetics industry.
“Sharon and RES Pharma are a perfect match, strategically and culturally. We are excited to integrate technologies and further develop the company’s product segments,” she said. “The unique technical expertise each company brings will position us as a key partner for personal care and specifically for the wet-wipes industry. The combination of Sharon preservation and RES Pharma texturizing and concept formulation expertise will allow us to provide our customers with advanced support for developing sustainable, smart formulations,” she added.
About Res Pharma Industriale
Res Pharma Industriale is a chemical company specialized in Research, development and production of cosmetic ingredients for personal care, skincare, haircare and wet wipes segments. Founded in 2004, in recent years RPI has consolidated its reputation as a manufacturer of innovative and nature-oriented cosmetic specialties.
A green philosophy drives each innovation choice and strategy regarding both product development (Ecocert, Cosmos, Nature approved products) and a commitment to sustainability (RSPO Member).
About Sharon Laboratories
Headquartered in Ashdod, Israel, Sharon Laboratories offers a wide range of innovative and patented preservative solutions for personal care products, following a focused, scientific approach to addressing the industry’s most challenging preservation needs.
Established in 1977 by Dr. Danny Sommerfeld, the company employs more than 100 people worldwide, focusing on scientific research, development and marketing of advanced preservative solutions. Sharon Laboratories has a global presence. In 2019 it established its first European operation in Italy and expanded to North America when Sharon Labs USA started operating in 2021. The company markets a broad line of green preservative solutions under its SharoSENSE™, Sharomix™, Sharon™ Biomix, SharoSUN™, Sharowipes™ brand names.
Sharon Laboratories is owned by Tene Investment Funds (Tel Aviv), an Israeli private equity growth fund focused on the industrial and technology sectors, as the majority holding, as well as Mr. Assaf Burstein, Sharon’s Chairman.