Announced
Financials
Sources
Tags
Private
Cross Border
Acquisition
Friendly
Single Bidder
Brazil
Personal Products
Majority
Pending
personal care
Synopsis
Clariant, a focused, sustainable and innovative specialty chemicals company, agreed to acquire the remaining 70% stake in Beraca, one of the key manufacturers of natural ingredients for the personal care sector. Financial terms were not disclosed. "With its focus on sustainable products and processes, Beraca fits perfectly into Clariant's portfolio. We gain valuable access to natural materials based on the biodiversity of the Brazilian rainforest. This opens up great opportunities for high-quality growth for our Care Chemicals business," Conrad Keijzer, Clariant CEO.
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