Deal includes innovation labs and production potential in Israel and Italy
Eternis Chemicals Ltd, (Eternis) has finished the acquisition of a 100% of the shares of Sharon Personal Care, (Sharon PC), including innovation labs and production abilities in Italy and Israel, distribution sites inside the U.S., Italy, Germany and France in addition to a international distribution network.
As a conclusion of this strategic move, Eternis further expands its worldwide footprint, at the same time as leveraging the multi-area studies labs, manufacturing and distribution platforms to keep serving its clients better. This acquisition marks a great step closer to diversifying its offerings and widening the portfolio into the developing personal care phase and meet the evolving needs of these days.
“As we step into 2025, I speak on behalf of the team at Eternis in expressing my animation with this vast milestone of correctly finishing some other overseas acquisition in our growth journey,” says Mr. Rajen Mariwala, Managing Director of Eternis.
Eternis CEO Wilfrid Gambade delivered, “We are thrilled to welcome Sharon PC into our family. The addition of this huge Personal Care pure play and high end producer enhances our enterprise and brings with it many strategic advantages. Sharon PC’s dedication to sustainability, innovation and quality is flawlessly aligned with our vision of delivering merchandise that not best make people feel precise but also replicate our values. This acquisition will in addition establish ourselves in Europe and US, with the capability to provider our clients with products below new phase from the sites, stock hubs and offices there. The combined portfolio will uniquely role us for in further growth. Further, our DNA of ‘Eternally Agile and Forever Customer Centric’ is likewise a key precept of Sharon PC’s Corporate ethos. In many respects, a really perfect match.”
Naama Eylon, CEO of Sharon PC, stated, “I see very fantastic outcomes as we enter into this new partnership. Our combined manufacturing and distribution footprints throughout India, Europe, Asia and US will offer a strong deliver chain. Further, this partnership will permit us to attain Asia-Pacific with personal care products making sure more customers can revel in the emblem’s brilliant and innovative offerings. I am very enthusiastic about our future, together. On a personal note, as a leader I’m satisfied for the thrilling instances to come, in which we will plug-in and keep growing & innovate.”
