26 November 2015
DETAILS
has closed its transaction to acquire a 30% share in
Beraca Ingredientes Naturais S.A. („Beraca"),
which assumed
the Health & Personal Care Business of
Sabará Químicos e Ingredientes S.A.
Beraca is a leading player
in natural, sustainable and innovative ingredients.
Financial details of the acquisition are not being disclosed.
The two companies announced their intention
to form a strategic partnership in January 2015.
The deal was completed today and includes
the possibility of major participation by Clariant in the future.
prior to the partial acquisition by Clariant a family-owned business,
will remain an independently managed company.
It will continue to market
its world-wide known product portfolio of
* active performance systems,
* fixed and essential oils,
* clays and butters
sustainably harvested from Brazilian biomes.
Christian Vang,
Head of Business Unit Industrial & Consumer Specialties
at Clariant,
"The alliance now created between key players
in the Personal Care sector will build a partnership
to deliver environmentally-compatible solutions,
combining expertise on the sustainable use of biodiversity
and state of the art formulation technology.
Customers and end-consumers across the world
will have access to a larger range of solutions.
Besides meeting known demand for natural ingredients
we see exciting opportunities
to grow this business in geographies
such as Africa and Asia."
Daniel Sabará,
CEO of Beraca
"This partnership with Clariant
is a key step of Beraca's sustainable growth
and expansion plan. We foresee great innovation synergies
that will culminate in creating more value to
our main stakeholders, especially our customers
and our partner sourcing communities.
With this joint-venture, Beraca envisions
its sustainable development cause in
an even broader and meaningful magnitude".
Contact Clariant
Stefanie Nehlsen
Global Media Relations
+41 61 469 63 63
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