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Mergers & Acquisitions

Syensqo adds to its line of bioingredients

by Alex Scott
July 11, 2024 | A version of this story appeared in Volume 102, Issue 21
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Rosemary growing in a field.
Credit: Shutterstock
Rosemary extract is used as a natural food preservative.

Syensqo, the former specialty chemical arm of Solvay, has acquired a controlling stake in Azerys, a Moroccan firm that extracts food preservatives and other compounds from rosemary. Separately, Syensqo will work with the enzyme engineering start-up Allozymes to develop enzymes for skin care and other home and personal care markets. Syensqo says that deal complements its recent purchase of the South Korean ceramides specialist JinYoung Bio.

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