# Croda to sell performance technologies unit to Cargill for $1 billion

Croda will sell most of its performance technologies and industrial chemicals division to Cargill Inc in a $1 billion deal, as Croda shifts focus to life sciences and consumer businesses.

- Type: Acquisition
- Announced: 2021-12-22
- Value: $1.00B
- Status: announced
- Products: low-carbon sustainable additives and materials, industrial chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Croda International](https://endata.com/companies/23250.md)
- [Cargill](https://endata.com/companies/3828.md) (acquirer)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/uks-croda-agrees-1-bln-deal-with-cargill-industrial-chemicals-unit-2021-12-22/), 2021-12-22: "We will focus our capital and resources on delivering sustainable solutions and scalability."

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