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First Steps to Comply With New EU Regulation Begin in January 2012
By: Claire Thévenin
Posted: November 30, 2011
page 2 of 3
In the makeup section, Bobbi Brown and Nars are now sold, while Clarins has redone its counters and opened a new spa, ClarinsSkinSpa@Printemps.
Gattefossé Opens New Labs
French ingredient supplier Gattefossé spent €6 million to build a new block in its Saint-Priest headquarters, located in the suburbs of Lyon. The “Blanche Gattefossé Formulation Biopole” is named after the wife of the founder, a strong-willed woman who managed the company during World War II and again from 1950 to 1968.The 1,600 square meters of environmentally friendly space, with a roof covered by 120 square meters of solar panels, is dedicated to innovation. It includes a cell culture lab (to open in January 2012), a research lab for pharmaceutical inactives that carry active ingredients and two application labs. The company’s sales is split 50/50 pharma/cosmetic and is expected to reach €75 million in 2011 (up from €70 in 2010) according to managing director Olivier Midler.
An independent family business since it was created in 1880, Gattefossé now has 250 staff members (170 in France), and has a presence in 60 countries, with 10 subsidiaries. Seventy-two percent of the business is in exports, while 99% of the production is in France.
Based on its sound financial situation, Gattefossé is considering external growth. “We do have ideas, but the five projects we recently studied have not succeeded. We could spend approximately €30–40 million, most likely to buy a foreign company,” company chairman Jacques Moyrand told visitors at a recent press day event.
Laboratoires Expanscience Engages in CSR
As part of its sustainable development strategy, French maker of leading EU baby care brand Mustela has undertaken a strong commitment to bolstering its corporate social responsibility (CSR) initiatives before 2015. Among them, all new cosmetic products will be eco-conceived by 2015. Karen Lemasson, in charge of sustainable development at Laboratoires Expanscience, explained that the company has started by working on packaging, following the “3 Rs” of reduce, replace, recycle. On the environmental side, the goal is to reduce its energy and water consumption by 20%, while also addressing waste production. “A company must focus on CSR, otherwise it will be imposed on [the company],” said company CEO Jean-Paul Berthomé.