ACETO Subsidiary Acquires Inter'actifs
ACETO Corporation (Nasdaq: ACET) for Human Health, Pharmaceutical Ingredients and Performance Chemicals, today announced that its wholly-owned French subsidiary, Aceto France SAS, acquired Inter'actifs, a distributor of ingredients to the cosmetics and personal care industries. Cécile Nayl, President of Inter'actifs, will be joining ACETO as Director, Cosmetics and Personal Care Products-Europe. Commenting on the transaction, ACETO CEO Salvatore Guccione stated, "While small in size, this strategic investment will expand the scope of our Specialty Chemicals business in Europe. We are thrilled to have Cécile and her team join ACETO."
CIM Partners acted as M&A advisor to Inter'actifs in the transaction.