Eternis Fine Chemicals Ltd, (Eternis) is pleased to announce that it has completed the acquisition of 100% of the shares of Sharon Personal Care (Sharon PC), having innovation labs and manufacturing capabilities in Italy and Israel, distribution sites in US, Italy, Germany and France as well as a global distribution network.
Eternis Fine Chemicals Ltd has acquired Sharon Personal Care, enhancing its global footprint with facilities in Italy, Israel, US, and Europe.
The move diversifies Eternis’ offerings in personal care and strengthens its sustainability and innovation goals.
Leaders highlight the strategic fit, expanded supply chain, and growth opportunities across Asia-Pacific and beyond.
As a result of this strategic move, Eternis further expands its global footprint, whilst 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 and 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 C innovate.’
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Fibre2Fashion News Desk (HU)
