NEWS COMMENTARY

Cosmetics giant Givaudan acquires the cosmetics business of AMSilk

Published:
May 2, 2019
Coverage:
Accelerating Materials Innovation More...
Activities:
Acquisition
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by Charles Willard
Truly disruptive

Prior to this acquisition, Givaudan had already been using conventional silk (from silkworms) in more than 50 of its cosmetic products, including nail polish, skin creams, and anti-aging serums. With the acquisition of AMSilk's cosmetic assets, Givaudan will begin introducing spider silk into these types of cosmetic products. For AMSilk, it has sold the one profitable component of its businesses, indicating that its high-performance material developments are close to market-ready. Specifically, AMSilk has been working with Adidas on a biodegradable sneaker, Airbus on a lightweight composite material for planes, and Polytech for spider silk-coated medical implants.

For the original news article, click here .


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