M&A Deal Summary

Croda International Acquires I.R.B. Istituto di Ricerche Biotecnologiche

On July 20, 2012, Croda International acquired life science company I.R.B. Istituto di Ricerche Biotecnologiche for 8M EUR

Acquisition Highlights
  • This is Croda International’s 1st transaction in the Life Science sector.
  • This is Croda International’s 4th largest (disclosed) transaction.
  • This is Croda International’s 1st transaction in Italy.

M&A Deal Summary

Date 2012-07-20
Target I.R.B. Istituto di Ricerche Biotecnologiche
Sector Life Science
Buyer(s) Croda International
Deal Type Add-on Acquisition
Deal Value 8M EUR

Target

I.R.B. Istituto di Ricerche Biotecnologiche

Altavilla Vicentina, Italy
I.R.B. Istituto di Ricerche Biotecnologiche S.p.A. is a provider of plant cell culture biotechnology company.

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Buyer(S) 1

Buyer

Croda International

Goole, United Kingdom

Category Company
Founded 1925
Sector Chemicals
Employees5,852
Revenue 1.7B GBP (2023)
DESCRIPTION

Croda provides natural based speciality chemicals which are sold to virtually every type of industry. The company has approximately 3400 employees, working in 34 countries. Croda International was founded in 1925 and is based in Goole, the United Kingdom.


DEAL STATS #
Overall 1 of 11
Sector: Life Science M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 10
Country: Italy M&A 1 of 1
Year: 2012 M&A 1 of 2
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-07 Croda International - Refrigeration Lubricants

United Kingdom

Sell $62M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-20 Innovachem

Cutchogue, New York, United States

Innovachem LLC is a manufacturer of personal care products.

Buy $3M