Cargill acquires majority of Croda’s “greener” technologies for $1.03B

In the UK, Cargill has reached an agreement with Croda to acquire the majority of its performance technologies and industrial chemicals business for $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, is expected to close in Summer 2022. Cargill will comply with applicable information and consultation requirements with our employee representative bodies.