Croda has announced the acquisition of the technology portfolio of Brazilian firm Inventiva. Completed by Croda Brazil, the transaction will add Inventiva’s encapsulation and delivery system technologies to Croda’s wide range of personal care ingredients.
The deal will form the basis of a research and technology platform for the encapsulation and delivery of Croda’s products, providing a new dimension in the company’s innovation program.
“The capabilities of Inventiva and experience of its team are exciting additions for Croda,” commented Marco Carmini, Managing Director, Croda Latin America. “They will allow us, in the short term, to expand our product offering within personal care and enable us to develop, in the future, new and exciting ingredients to meet the needs of consumers in this and other market sectors.”