Croda invests in fragrance & flavour with Iberchem acquisition

By Julia Wray | Published: 19-Nov-2020 Featured companies: Iberchem Croda
Ingredients

Customers are set to benefit from the full formulation development made possible by the acquisition

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Speciality chemicals giant Croda has announced its purchase of Spain-based fragrance and flavour company Iberchem for €820m on a debt-free, cash-free basis.

Iberchem has been majority-owned by French investment firm Eurazeo since 2017.

It is anticipated that the complementary operations of the two companies will create additional value for customers, as many cosmetics makers require both ingredients and fragrances, and can benefit from the collaborative thinking and full formulation development made possible by the acquisition.

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Featured companies

Iberchem is a leading fragrance manufacturer specialised in the creation of fragrances for fine fragrances, personal care, home care, fabric care and air care products We are a global specialty ingredient supplier to the beauty and personal care industry, dedicated to meeting evolving consumer needs along with our commitment to sustainability...
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