CompanyNutrition & CareAcquisition in HamburgFrom aftershave to toothpaste, and shampoo to foot powder—every German uses around 5 kilograms of cosmetic products on average each year. Demand is growing steadily, not only in Germany. At the same time, consumers are becoming more and more demanding when it comes to products that affect their hair or their skin.The Hamburg-based cosmetics expert Dr. Straetmans specializes in developing alternative preservative systems to meet these increasing demands. Since its founding in 1984, the company has been a pioneer in this field. In the future, it will enhance Evonik’s growing cosmetics business with its expertise. Evonik will acquire Dr. Straetmans and, in doing so, will continue to enhance its position as a globally leading partner of the cosmetics industry. The Hamburg site will remain active and become the Group’s global competence center. The difference between alternative and conventional preservatives is, among others, that the functions they perform in the final product go beyond preservation, for example, by acting as an additional moisturizer. At the same time, it is becoming more and more important for cosmetics manufacturers to formulate their products sustainably. In doing so, customer demands as well as regulatory requirements must be taken into account.With this acquisition, Evonik will complement the broad specialist portfolio of its cosmetics business. The transaction is subject to approval by the relevant antitrust authorities. It is expected to be finalized in the first half of 2017. Press releaseFurther informationCompanyNutrition & CareThe markets of the Nutrition & Care Segment offer great growth opportunities and impose special responsibilities. The segment is well prepared for both. Take a closer look at the markets and business lines of the Nutrition & Care Segment. CompanyBeautiful hair tressesHair should be not only squeaky-clean but also well groomed and, if necessary, conditioned. Modern ingredients in shampoos and conditioners make dreams come true. And in the growing markets all over the world, these dreams vary widely.CompanyTHIS IS EVONIKYou won't find the Evonik brand on supermarket shelves, at car dealers or in pharmacies. You will find our technologies and products there. See some of the products that make our lives a little better.