Croda International to acquire Rewitec.

Croda International, high performance ingredients and technologies provider, has agreed to acquire Rewitec, a specialist in improving the efficiency and longevity of wind turbines and moving machinery through their patented additives. Financial terms were not disclosed. “Together, we are extending our leadership in friction and wear management. We see many new opportunities for their technologies within existing and new markets, such as marine lubrication where the performance of their ingredients has already been proven.” Maarten Heybroek, Croda President.