Market Updates

Aloecorp Inc. Acquires Aloe Vera Division of Pharmachem

The acquisition will enable Aloecorp to continue meeting demand.

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By: Mike Montemarano

Photo: Nattha99 | Adobe Stock

Aloecorp Inc., a global aloe vera company, has acquired the aloe vera division of Pharmachem.

Through the acquisition, Aloecorp now has a new processing facility, which is the company’s third production location in Mexico.

“Increasing our production capacity to deliver high-quality Aloe vera ingredients has always been a cornerstone of our mission,” said Kyeong Soo “KS” Yoon, CEO of Aloecorp. “A few years ago, we doubled our production capabilities with the launch of our second processing facility. This latest addition marks another significant step forward, enabling us to meet growing demand while maintaining our unwavering commitment to excellence. Now with this new addition, we have increased our capacity further as we continue to provide the highest quality Aloe vera ingredients to bring the best of nature to humankind.”   

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