Croda

Croda is a British specialty chemicals company founded in 1925, recognized as a leader in natural-based products that serve a wide array of industries. With approximately 3,400 employees operating in 34 countries, the company generates around 60% of its sales outside Europe. Croda's business is organized into three main segments: consumer care, life sciences, and industrial specialties. The consumer care segment focuses on specialty and active ingredients for cosmetics, skincare, haircare, as well as flavors and fragrances. The life sciences segment provides products for healthcare and agrochemicals. In 2022, Croda divested the majority of its industrial businesses to Cargill but continues to operate a subsegment that supports its consumer care and life sciences divisions by marketing their byproducts.

Conleth Campbell

Vice President, Investor Relations and Corporate Finance

Mike Humphrey

CEO

Jez Maiden

Group Finance Director

17 past transactions

Alban Muller

Acquisition in 2021
Manufacturer of plant extracts and natural cosmetics based in Fontenay-Sur-Eure, France. The company offers nutraceutical and formulation ingredients along with cosmetic products like face scrubs, exfoliators, cleansing milk, body and face lotion and eye contour gel, providing individuals with a variety of products to take care of their skin.

Iberchem

Acquisition in 2020
Iberchem S.A., founded in 1985, is a prominent manufacturer of fragrances and flavors based in Alcantarilla, Spain. The company specializes in creating a wide range of fragrances for personal care products, home care items, and air care products, as well as flavors for various food and beverage categories, including confectionery, dairy, and alcoholic drinks. Iberchem’s extensive portfolio also includes flavors for sauces, condiments, and tobacco products. With a commitment to quality and sustainability, the company operates 13 manufacturing facilities across several countries, including China, Indonesia, and Italy, and markets its products through distributors and agents in over 120 countries. Employing more than 800 people globally, Iberchem emphasizes excellence in production while respecting the natural world. As of November 2020, it operates as a subsidiary of Croda International Plc.

Entekno Ltd.

Seed Round in 2020
Entekno Ltd. specializes in the development and production of advanced inorganic materials utilizing nanotechnology, catering primarily to the cosmetics and pharmaceutical industries. Founded in 2008 and located in Eskisehir, Turkey, the company focuses on research and development, surface modification of powders, and the synthesis of nanomaterials. Entekno produces a range of products, including high-purity materials, barium titanate and strontium titanate powders, absorbents, flame retardants, and polymer additives. Additionally, the company offers consulting services related to inorganic materials, nanocomposites, and the development of cosmetic ingredients. Through its innovative approach, Entekno aims to enhance the physical, chemical, and thermochemical properties of materials for practical applications.

Avanti Polar Lipids, Inc.

Acquisition in 2020
Avanti Polar Lipids, Inc. is a biotechnology company based in Alabaster, Alabama, specializing in the development and manufacture of polar lipids essential for next-generation drug delivery technologies and vaccines. The company provides a diverse range of products, including phospholipids, sphingolipids, sterols, and various modified lipids, which are utilized in complex therapeutic drug delivery systems and mRNA vaccines. Avanti also offers custom lipid synthesis, formulation development, and active pharmaceutical ingredient technology services tailored for pharmaceutical and biotechnology companies. In addition, the company provides lipid analytical services, including nutraceutical and cGMP testing, and equipment for researchers to prepare unilamellar vesicles. Founded in 1967, Avanti Polar Lipids serves both domestic and international clients in the biotechnology and pharmaceutical sectors and operates as a subsidiary of Croda International Plc since August 2020.

Brenntag Biosector

Acquisition in 2018
Brenntag Biosector develops and produces aluminum and saponin based adjuvants for use in human and veterinary vaccines.

SiSaf

Corporate Round in 2018
SiSaf Ltd. is a biopharmaceutical and drug delivery company based in Belfast, United Kingdom, founded in 2006. It specializes in the design and formulation of topical delivery systems for various applications in the pharmaceutical, cosmetic, and biotech industries. Utilizing its proprietary ProSilic nano-silicon technology platform, SiSaf manufactures and markets products such as ProSillic-RX and ProSillic-OTC. In addition to its product offerings, the company provides formulation services and licenses its technologies to clients within the science sector. SiSaf has established strategic collaborations with Avellino Labs USA, Inc. and partnerships with Croda International Plc to enhance its market presence and technological capabilities.

Plant Impact

Acquisition in 2018
Plant Impact develops and markets crop enhancement products designed to improve yield and quality for growers across the Americas, Europe, and internationally. The company operates through two main segments: Crop Nutrients and Pest Control. Its product portfolio includes foliar sprays such as Veritas and Fortalis for soybeans, and BANZAI for cocoa, as well as specialized formulations for various fruits and vegetables, including Ametros for apples and InCa for root vegetables and leafy salads. In addition to its product offerings, Plant Impact provides consultancy services in nutrition and crop enhancement technology. Founded in 2003 and headquartered in Harpenden, United Kingdom, the company conducts its primary research at the Rothamsted Centre for Research and Enterprise and maintains additional offices in Brazil, the USA, and Argentina, with staff also located in Turkey and France. Plant Impact's solutions help plants manage stress factors like heat and drought, enhancing their resilience and overall performance.

Nautilus Biosciences

Acquisition in 2018
Nautilus Biosciences Canada Inc. is a biotechnology company based in Charlottetown, Canada, that specializes in discovering and developing marine-derived natural products aimed at enhancing human and animal health and wellness. Founded in 2007, the company operates from laboratory and office space within the National Research Council’s Institute of Nutrisciences and Health at the University of Prince Edward Island. Nautilus Biosciences maintains a collaborative relationship with Dr. Kerr’s academic laboratory, which is situated in the same facility, facilitating research and development efforts. As of January 2018, the company functions as a subsidiary of Croda International plc.

IonPhasE

Acquisition in 2017
IonPhasE Oy specializes in the manufacture of static dissipative polymer additives designed to manage static electricity in plastics. Their products find applications across various industries, including electronics packaging, semiconductor handling, and food powder packaging, as well as in consumer appliances such as air conditioners and vacuum cleaners. The company's patented IonPhasE® IPE® technology is integral to its offerings, which serve diverse markets such as electronics, chemicals, automotive, and consumer goods. Founded in 1994 and headquartered in Tampere, Finland, IonPhasE operates sales and technical support offices in Guangzhou, China, and Daejeon, South Korea, distributing its products through a network of distributors across Europe, Asia, and the United States. As of December 2017, IonPhasE operates as a subsidiary of Croda International plc.

Cutitronics

Venture Round in 2017
Cutitronics is a technology company that specializes in innovative skincare solutions aimed at enhancing consumer beauty routines. The company develops advanced platforms and devices that measure skin condition and deliver personalized skincare regimens. Their technology prescribes precise dosages of products and incorporates automated skin stimulation to improve product absorption. By white-labeling their patented technologies for premium skincare brands, Cutitronics seeks to transform beauty routines into a blend of science and art, adapting to the ever-changing needs of consumers' skin.

Enza Biotech

Acquisition in 2017
Enza Biotech AB, a biotechnology company, researches and develops renewable surfactants using carbohydrate-based chemistry. The company was founded in 2012 and is based in Lund, Sweden. As of July 7, 2017, Enza Biotech AB operates as a subsidiary of Croda International Plc.

Incotec Group

Acquisition in 2015
INCOTEC Group BV provides seed coating technologies for the enhancement of seed performance and yield. It markets seed coating technology groups to maximize seed performance, such as upgrading, priming, disinfection, film coating, encrusting and pelleting, application of actives and additives, and analytical quality testing. The company was founded in 1989 and is based in Enkhuizen, the Netherlands. It has production facilities in the United States, the Netherlands, France, Italy, Sweden, Brazil, Japan, India, Australia, China, South Africa, Malaysia, and Argentina. As of December 31, 2015, INCOTEC Group BV operates as a subsidiary of Croda International plc.

JD Horizons

Acquisition in 2014
JD Horizons offers the development and marketing of additive technologies for flow assurance applications for the oil industry markets. The company develops, markets, and supplies FlowSolve product lines, such as performance chemicals for oilfield and refinery flow assurance applications; and provides sales, marketing, and business development resources for chemical marketers and other specialist technology suppliers to the oil industry.

Sichuan Sipo Chemical Co.

Acquisition in 2013
Sichuan Sipo Chemical Co. manufactures natural specialty chemicals including specialty derivatives from natural raw materials. Its products include primary amides, novel fatty acids and specialty esters.

Innovachem

Acquisition in 2013
Innovachem is manufactures personal care products.
I.R.B. Istituto di Ricerche Biotecnologiche is provides the research, development, production, and sale of green biotech products. The company offers plant stem cells and extracts; and green biotech plant extracts for nutritional use. It serves dermatological-cosmetic, dietetic, pharmaceutical, pharmaceutical, and animal health industries.

Uniqema Nederland

Acquisition in 2006
Uniqema Nederland develops, manufactures, and supplies oleochemicals and their derivatives in the Netherlands and internationally. The company’s products include fatty acids, polymerized fatty acids, isostearic acids, esters and amides, and glycerine and triacetin. Its raw materials serve as building blocks and effect chemicals in various applications, including personal care products, coatings and adhesives, detergents, plastics, elastomers, and foams, as well as in lubricants, polymers, oilfield chemicals, and cleaning.
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