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- 09/19/2016

HALLSTAR ACQUIRES ECO – EXTRACTED, ACTIVE INGREDIENT DEVELOPER OLÉOS

H&PC Today

Hallstar has announced that it has acquired bioactive ingredient supplier Oléos. Located in Montpellier, France, Oléos’s proprietary oleo eco-extraction technology produces 100 percent natural, sustainable and clinically proven bioactive compounds for cosmetic applications including anti-aging qualities, dark spot diminishment and skin whitening. “Oléos’s unique capabilities and technology will enhance Hallstar’s technology platform with patented, clinically proven natural active ingredients for beauty and personal care” said John Paro, chairman, president and CEO of Hallstar. “As we grow our global footprint, the south of France puts us at the heart of cosmetic innovation. Further, with Oléos, we add a strong team and culture that fits the Hallstar brand”. “The south of France, with its access to plentiful natural resources and proximity to major customers, has been an ideal place to grow our business over the last seven years” said Anne Rossignol-Castera, president of Oléos. “By joining the Hallstar team, we ensure that access to these natural resources for cosmetic brands can be provided, as bioactive ingredients, on a global scale. Additionally, Hallstar’s formulated solutions capabilities provide the perfect vehicle to globalize Oléos’s ingredients”.

www.hallstar.com