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.