DKSH has signed an exclusive distribution agreement with MP Gokyo Food & Chemical, a leading global manufacturer of ingredients for the personal care industry, in ten key markets in Europe. By distributing TAMAVISCOยฎ from MP Gokyo Food & Chemical, DKSH will grow business opportunities for the partnership across Europe.
Zurich, Switzerland, December 6, 2023 โ DKSHโs Business Unit Performance Materials, a leading distributor of specialty chemicals and ingredients, will provide business development, marketing, sales, logistics, and distribution services for MP Gokyo Food & Chemicalโs TAMAVISCOยฎ, a plant-based rheology modifier derived from tamarind seeds, in Denmark, Finland, France, Italy, Latvia, Poland, Portugal, Spain, Sweden, and the United Kingdom.
TAMAVISCOยฎ is a thickener with a luxurious sensory profile and a unique gelling agent that works as a thin film on the skin to keep it moisturized. It contributes to sustainable beauty as an upcycled 100% botanical source ingredient.
Hidemitsu Wakita, President and CEO, MP Gokyo Food & Chemical, commented: โMP Gokyo is a leading company of high-quality tamarind seed gum for nearly 60 years. We are very pleased to start new partnership with DKSH for TAMAVISCOยฎ, our flagship product. With the strong support by DKSH, we expect our TAMAVISCOยฎ to deeply penetrate into the European market and contribute to customersโ product developments.โ
Roland Kraut, Vice President, Personal Care Industry, DKSH, commented: โWe are delighted to partner with MP Gokyo Food & Chemical across ten key markets in Europe. TAMVISCOยฎ is naturally derived from tamarind seeds and has various applications in personal care. It also caters to our customersโ need for sustainable solutions in the industry. Our strong local presence in Europe will enable us to increase growth and market penetration to bring MP Gokyo Food & Chemicalโs TAMAVISCOยฎ to a wider customer base.โ
About MP Gokyo Food & Chemical
MP Gokyo Food & Chemical is a distributor and manufacturer of a wide variety of ingredients that are essential to daily life. From Japan, MP Gokyo Food & Chemical provides high-quality and unique original polysaccharides suitable for personal care and cosmetic products. www.mpgfc.co.jp/en/
About DKSH
DKSHโs purpose is to enrich peopleโs lives. For more than 150 years, we have been delivering growth for companies in Asia and beyond across our Business Units Healthcare, Consumer Goods, Performance Materials, and Technology. As a leading Market Expansion Services provider, we offer sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services. DKSH is a participant of the United Nations Global Compact and adheres to its principles-based approach to responsible business. Listed on the SIX Swiss Exchange, DKSH operates in 37 markets with 32,600 specialists, generating net sales of CHF 11.3 billion in 2022. The DKSH Business Unit Performance Materials distributes specialty chemicals and ingredients for food, pharmaceutical, personal care, and various industrial applications. With 53 innovation centers and regulatory support worldwide, we create cutting-edge formulations that comply with local regulations. With around 1,650 specialists, the Business Unit generated net sales of CHF 1.5 billion in 2022. www.dksh.com/pm