Clariant Acquires Remaining 70% of Beraca
Swiss specialty chemicals producer Clariant has agreed to acquire the remaining 70% of Brazilian Personal Care Specialties company Beraca after taking a 30% stake in 2015. Seller is the founding Sabará family. Financial terms of the acquisition expected to close in this year’s fourth quarter were not disclosed.
Based in the Amazon region, Beraca is one of the key manufacturers of natural ingredients for the personal care sector with a portfolio composed in particular of fats, oils and botanicals that are collected and extracted in an environmentally sustainable production process.
The family-run company with 90 employees and 2020 sales of $15 million has invested significant resources in expanding research and innovation and has steadily increased production capacity. It has won several awards for its ethical sourcing.
With the purchase, which he described as “a building block in the strategy of further strengthening individual core business areas through targeted acquisitions,” the Swiss group’s CEO, Conrad Keijzer, said Clariant will gain valuable access to natural materials. based on the biodiversity of the Brazilian rainforest. This, he said, will open up opportunities for high-quality growth in its Care Chemicals business, into which the acquisition will be integrated.
Having full control of Beraca will mean that Clariant is well placed to meet the increasing demand for ethically produced products on the world market, added Christian Vang, head of Industrial & Consumer Specialties business unit.
Author: Dede Williams, Freelance Journalist
