Croda International

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.

David Shannon

Vice President Consumer Care Europe, Middle East and Africa

Past deals in Cosmetics

Solus BioTech

Acquisition in 2023
Solus BioTech is a manufacturing company operating in the biotechnological sector that develops pharmaceutical ingredients. It manufactures and supplies organic compounds for global manufacturers in cosmetics, food, and pharmaceutical products. The company develops fermentation-based natural ceramides used as raw materials in skin and hair care to retain moisture and works on nanomaterials that facilitate the delivery of mRNA vaccines. It also provides copper foil and electro materials.

Alban Muller

Acquisition in 2021
Alban Muller International is a manufacturer of cosmetics located in Fontenay-Sur-Eure, France, specializing in plant extracts and natural ingredients. The company produces a diverse range of cosmetic products, including face scrubs, exfoliators, cleansing milk, body and face lotions, and eye contour gels. In addition to finished cosmetic items, Alban Muller offers nutraceutical and formulation ingredients, catering to the needs of individuals seeking effective and natural solutions for skincare.

Iberchem

Acquisition in 2020
Iberchem S.A. is a leading manufacturer of fragrances and flavors, founded in 1985 and headquartered in Alcantarilla, Spain. The company specializes in creating a wide array of fragrances for various applications, including fine fragrances, personal care products, home care solutions, and fabric care items. Iberchem also produces flavors for a diverse range of food and beverage products, such as confectionery, dairy, and alcoholic drinks, among others. With a commitment to excellence in production and a deep respect for the natural world, Iberchem operates 13 manufacturing facilities across multiple countries, including China, Indonesia, and Italy, and employs over 800 professionals worldwide. The company markets its products through a network of distributors and agents in Spain and internationally, serving customers in over 120 countries.

Entekno

Seed Round in 2020
Entekno specializes in developing advanced inorganic materials using nanotechnology. Its mission is to create sustainable, eco-friendly alternatives for various industries by enhancing the performance of zinc oxide products.

Cutitronics

Venture Round in 2017
Cutitronics is an innovative technology company that specializes in developing advanced skincare solutions aimed at enhancing consumer beauty routines. The company has created patented platforms and devices that measure the precise condition of the skin, allowing for personalized skincare recommendations and automated product dosing. By white-labeling its technology for premium global skincare brands, Cutitronics seeks to transform beauty routines into a blend of science and art, adapting to the dynamic needs of consumers' skin. Their approach not only promotes effective skincare but also enhances the absorption of topical products through automated skin stimulation, ultimately supporting individuals in achieving their desired beauty results.

Innovachem

Acquisition in 2013
Innovachem is manufactures personal care products.

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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