Eternis Fine Chemicals Completes Acquisition of Sharon Personal Care

As a result of this strategic move, Eternis further expands its global footprint, leveraging the multi-location research labs, manufacturing, and distribution platforms to continue serving its customers better. This acquisition marks a significant step towards diversifying its offerings, widening the portfolio into the growing personal care segment, and meet the evolving demands of today.

'As we step into 2025, I speak on behalf of the team at Eternis in expressing my excitement with this significant milestone of successfully completing another overseas acquisition in our growth journey,' says Mr. Rajen Mariwala, managing director of Eternis.

Eternis CEO Mr. Wilfrid Gambade added, 'We are thrilled to welcome Sharon PC into our family. The addition of this large Personal Care pure-play and high-end manufacturer enhances our business and brings with it many strategic advantages. Sharon PC's commitment to sustainability, innovation and quality is perfectly aligned with our vision of delivering products that not only make people feel good but also reflect our values.'

'This acquisition will further establish ourselves in Europe and US, with the ability to service our customers with products under new segment from the sites, stock hubs and offices there. The combined portfolio will uniquely position us for further growth. Further, our DNA of 'Eternally Agile and Forever Customer Centric' is also a key principle of Sharon PC's Corporate ethos. In many respects, a perfect fit'.

Ms. Naama Eylon, CEO of Sharon PC said, 'I see very positive outcomes as we enter into this new partnership. Our combined manufacturing and distribution footprints across India, Europe, Asia, and US will offer a robust supply chain. Further, this partnership will enable us to reach Asia-Pacific with personal care products ensuring more customers can experience the brand's high-quality and innovative offerings. I am very excited about our future, together. On a personal note, as a leader, I'm happy for the exciting times to come, where we will plug-in and continue to grow & innovate.'

Sharon PC will plug-in into the Eternis model. Both business units will cater to their distinct yet adjacent application markets of aroma and cosmetic/personal care. As the enriching lives with care personal care segment continues to experience rapid growth, driven by changing consumer preferences and an increasing focus on wellness and self-care, the group aims to position itself through its innovations to anticipate the demands of tomorrow's consumers as well.

With the added benefit of expanded resources to fuel further growth, Sharon PC will maintain its product lines under the same brand name but with a modified identity infused with elements of Eternis.

Source: Eternis