Swiss-based specialty chemicals supplier Clariant has agreed to acquire the remaining 70% in Brazilian personal care specialties company Beraca from the founding Sabará family. Clariant has held a 30% stake in the company since 2015. The acquisition is subject to regulatory approvals and is expected to close in Q4 2021, financial details have not been disclosed.
Natural ingredients from the Brazilian biodiversity
Beraca is one of the key manufacturers of natural ingredients for the personal care sector offering fats, oils and botanicals, among others. The company focuses on ingredients from the Amazon region, which are all collected and extracted in environmentally sustainable processes, while supporting the development of local communities.
In more than 30 years since its foundation, Beraca has received several awards and recognition from customers and institutions as a leading company in ethical sourcing aspects for personal care ingredients. Since 2015, Beraca has invested significant resources in expanding research and innovation and has steadily increased production capacity. With around 90 employees, the family-run company generated sales of USD 15 million in 2020.
“With its focus on sustainable products and processes, Beraca fits perfectly into Clariant’s portfolio,” emphasizes Conrad Keijzer, CEO of Clariant. “We gain valuable access to natural materials based on the biodiversity of the Brazilian rainforest. This opens up great opportunities for high-quality growth for our Care Chemicals business.”
The acquisition of the remaining 70% in Beraca is a relevant building block in Clariant’s strategy of further strengthening individual core business areas through targeted acquisitions. Beraca’s business will be integrated into the group’s Care Chemicals Business Area.
“There is an increasing demand for ethically produced products on the world market, which we can meet even better with this acquisition,” adds Christian Vang, Head of Business Unit Industrial & Consumer Specialties.
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