# Croda International acquires Alban Muller

- Link: https://www.directorstalkinterviews.com/croda-international-acquires-alban-muller/412964961
- Published: 2021-03-02T07:13:01+00:00
- Author: Amilia Stone

**[Croda International Plc](https://www.directorstalkinterviews.com/ftse-company/croda-international/crdo.l)**(
LON:CRDA), which uses smart science to create high performance ingredients and technologies
that improve lives, has announced it has agreed to acquire the worldwide business
activities of Alban Muller for a total consideration of €25m.

With an annual revenue of €18m for the year to 30 June 2020, Alban Muller is based
in France and is a leader in the creation and supply of natural and botanical ingredients
for the global beauty industry. The acquisition expands Croda’s portfolio of sustainable
active ingredients for customers in personal care markets, complementing our industry-
leading positions with Sederma and Crodarom.

The transaction is subject to customary pre closing conditions and is expected to
close by the end of Q1 2021.

> **Steve Foots, Croda International Chief Executive Officer, said**: “The acquisition
> of Alban Muller enhances Croda’s position as a world leader in natural and botanical
> actives, helping us meet the increasing demand from customers looking for ingredients
> of natural origin to improve the [sustainability](https://www.directorstalkinterviews.com/sustainability-green-stocks-news)
> profile of their products.”

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