# Croda acquires Iberchem for €820 million

Croda International Plc agreed to acquire Iberchem, a Spanish fragrances and flavours company, for €820 million on a debt-free, cash-free basis. Iberchem was majority-owned by Eurazeo.

- Type: Acquisition
- Announced: 2020-11-19
- Where: Murcia, Spain, Spain
- Value: $970.0M (820.0M EUR)
- Status: announced
- Products: fragrances, flavours
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Croda International](https://endata.com/companies/23250.md) (acquirer)
- [Eurazeo](https://endata.com/companies/25357.md) (investor)
- [Iberchem](https://endata.com/companies/25358.md) (target)

## Sources

- [iberchem.com](https://iberchem.com/the-iberchem-group-joins-the-croda-family/), 2020-11-19: "Croda has agreed to acquire Iberchem, which is headquartered in Spain for a total consideration of €820m (c.£736m) on a debt-free, cash-free basis."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.