Clariant acquires full control of Brazilian personal care specialist Beraca

Clariant has signed an agreement to acquire the remaining 70% of the Brazilian personal care company Beraca from the family of founders Sabará
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Clariant has held a 30% stake in the company since 2015
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The purchase price will not be disclosed
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The acquisition is subject to regulatory approval and is expected to close in the fourth quarter of 2021
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Beraca is one of the leading manufacturers of natural ingredients for the personal care industry, offering fats, oils and botanicals that are collected and extracted in environmentally sustainable production processes
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Based in the Amazon region, Beraca fosters community development and makes communities part of the global personal care business, while strongly committed to sustainability and fair trade processes
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In the more than 30 years since its founding, Beraca has received multiple awards and recognitions from customers and institutions as a leader in the ethical sourcing of personal care ingredients
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Since 2015, Beraca has invested significant resources in expanding research and innovation, and has steadily increased production capacity
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The family-owned business has about 90 employees and 2020 sales of $15 million
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Clariant CEO Conrad Keijzer emphasizes: "With its focus on sustainable products and processes, Beraca fits perfectly into Clariant's product portfolio
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The biodiversity of the Brazilian rainforest provides us with valuable natural materials
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This provides our care The chemicals business presents a huge opportunity for high-quality growth
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"There is a growing demand for ethical products in the world market, and with this acquisition we can better meet this demand," said Christian Vang, Head of the Industrial & Consumer Specialties business unit, who welcomed the Beraca team, "An extraordinary success story has been written by an exceptional and highly creative team over the past five years, and we now want to continue and grow further under the Clariant umbrella
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The acquisition of the remaining 70% stake in Beraca is an important part of the strategy to further strengthen individual core business areas through targeted acquisitions
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Beraca's business will be integrated into the Care Chemicals business area
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