Ekkio Capital has launched Sweetch, a beauty ingredient supplier focused on natural and sustainable materials. The new company unites the operations of Gobiotics, Creathes and CreaChem.
The launch comes amid a significant rise in clean and sustainable ingredient technologies.
Sweetch's portfolio highlights plant-based and biotech natural ingredients, as well as upcycled feedstocks, microbiome-oriented functional and active ingredients, and low-energy formulations.
Tony Jaillot, CEO of Sweetch, says, “The desire from consumers to use beauty brands built on nature-derived ingredients is now unstoppable and is shaping the present and future of the industry. While there are many great renewable ingredients on the market, we believe that there is a novel way to assemble them into differentiating concepts while bringing new technologies to life, from untapped food technologies to biotech or even other industries. We are delighted to partner with the visionary team of Ekkio Capital in this journey and to build a new disruptive player in the beauty ingredients space!”
“Ekkio Capital is thrilled to welcome Sweetch into the portfolio," says Thibaud Gachet, partner, Ekkio Capital. "They have a strong strategy in place to fuel growth and offer novel ingredients to the beauty industry that will scale quickly."
Dorota Gonry, CEO GoBiotics Ingredients, says, “Even at the start of the business in 2002, the Gobiotics company mission was to develop ingredients that support the skin through the skin microbiota and to develop sustainable alternatives for synthetic classic functional ingredients. Becoming part of Sweetch will amplify our R&D resources, production capacity and our level of customer service. More and more iconic ingredients are coming.”
Hervé Huillier, founder Creathes, who will now take the Sweetch group COO position, adds, “Our baseline is: 'Create the solution.' It is on this basis that we used natural delivery systems to provide solutions that support consumer health. Today, thanks to our expertise in natural delivery systems, our ambition is to bring performance to natural cosmetics, by combining well-being, innovation, health and sustainability. Sweetch shares our values and will allow us to realize this ambition by supporting our R&D, the deployment of our industrial tools and by developing our sales. History is no longer behind us, but ahead.”
Karl Booten, CEO CreaChem, says, “The acquisition by Sweetch will lead to many synergies with the other partners leading to many successes. I look forward to seeing the wonderful developments.”