The partnership outlines distribution for Lonza hygiene products as well.
Location, location, location
The companies have agreed that Koda will sell Lonza personal care products throughout Canada and in states east of the Rocky Mountains, excepting the northeast US. Those products comprise an array of ingredients for hair and skin care, including Zinc Omadine products, niche bioproducts, cosmeceutical and nutricosmetic goods.
Product innovation
Lonza scientist Philip Ludwig recently presented on his work with rice culture and that ingredient’s capacity for enhancing skin barrier function and hydration at the International Federation of Societies of Cosmetic Chemists congress in Paris. As the company’s manager for global product development and applications Ludwig deals with botanical extracts, actives, microbial ferments and more.
The company’s ReGeniStem™ Red Rice anti-aging skin treatment makes use of plants’ ability go back and forth between aging cells and undifferentiated younger-style cells.
Chemical ingredient distribution
The Koda distribution group’s recent business deals support that company’s stated organic growth strategy in the personal care sector.
"Lonza’s market focus is aligned with KODA Care’s strategic vision. This relationship presents an exciting opportunity to continue sustainable revenue growth consistent with our goals and our market positioning," said Hank DeWolf, president of the Koda Care division regarding this latest partnership.
Early this year Koda announced the acquisition of The DeWolf Companies. DeWolf distributed chemicals in the US for the personal care and color cosmetics sectors as well as the household, industrial and institutional sector.
“With the addition of The DeWolf Companies, KDG continues building the nation’s predominant specialty chemical distribution platform on delivering technology to assist our customers in product development, process improvement and supply chain excellence,” said Frank Bergonzi, Koda’s ceo, in a statement at the time.
Going forward,Koda’s separate strategy for mergers and acquisitions is to target specialty agriculture and pharmaceutical/nutrition.