Evonik acquires biotechnology company innovativeHealth Group

Evonik has concluded a purchase agreement to acquire innovativeHealth Group (innoHealth), with the transaction due to be completed before the end of March. Headquartered at the Scientific Park of Madrid (Spain), innoHealth’s technology platforms screen and combine natural ingredients and extracts to generate novel dermocosmetic products with synergistic activities. The company will be part of Evonik’s Care Solutions Business Line. The purchase price will not be disclosed. More information