Presperse®, founded in 1981 by the late Alan B. Black, began its success as a company based upon a single technology, and diverted portfolio from Color to Skin and Sun Care materials.
In 2007, Sumitomo Corporation of Americas invested in Presperse for 20%, and then acquired the remaining 80% in 2010 together with Sumitomo Corporation to become a 100% Sumitomo Corporation subsidiary. Sumitomo Corporation is one of the world’s leading integrated global trading firms with trade, distribution and diversified industrial and consumer goods.
Under the umbrella of Sumitomo Corporation, Presperse has obtained a global platform as well as financial back bone. Additionally it is controlled under Sumitomo’s internal control.
Today, Presperse is more than 400 products strong and provides services for more than 300 customers.