Cargill agrees $1 Billion Deal to Acquire Croda’s Biobased Performance, Industrial Chemical businesses

Cargill has reached an agreement with Croda to acquire the majority of its performance technologies and industrial chemicals business for EUR 0.915 ($1.03 billion) on a cash-free, debt-free basis. The investment would dramatically expand Cargill’s bioindustrial footprint to better serve industrial manufacturers searching for “greener” ingredient solutions. The transaction, which is subject to regulatory approvals, … Read more