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Announced

Completed

Cargill completed the acquisition of a majority stake in the performance technologies and industrial chemicals business of Croda for $1bn.

Financials

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Transaction Value£779m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Specialty Chemicals

industrial chemicals

Acquisition

Friendly

Majority

Private

Single Bidder

United Kingdom

Cross Border

Completed

Synopsis

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Cargill, an American privately held global food conglomerate, completed the acquisition of a majority stake in the performance technologies and industrial chemicals business of Croda, a British speciality chemicals company, for $1bn. "This divestment accelerates Croda's transition to being a pure-play Consumer Care and Life Sciences company. We will redeploy capital and resources to scale our consumer, health and crop care technologies, helping to deliver consistent, superior sales growth and even stronger profit margins," Steve Foots, Croda CEO.

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