Follow us twitter facebook
Edition: Brazil
Click here to subscribe toour free weekly newsletter click here
Ingredients & formulation

Croda acquires encapsulation and delivery system technology

Croda International, a global supplier and manufacturer of speciality chemicals and high performance ingredients and technologies, has acquired the technology portfolio of Inventiva Ltda., based in Porto Alegre, Brazil.

This transaction, completed by Croda Brazil, adds Inventiva’s encapsulation and delivery system technologies to the company’s already wide range of ingredients for the personal care industry.

Marco Carmini, Croda's executive director for Latin America

Marco Carmini, Croda’s executive director for Latin America

The acquisition brings with it a suite of market proven technologies, strong customer relationships in Brazil and South America, good scientific data and leading knowledge,” explained the company. It will form the basis of a research and technology platform for the encapsulation and delivery of Croda’s products, providing a new dimension in the company’s innovation programme for Personal Care, as well as anticipated opportunities in Croda’s other market sectors.

The capabilities of Inventiva and experience of its team are exciting additions for Croda,” commented Marco Carmini, Managing Director, Croda Latin America. “They will allow us, in the short term, to expand our product offering within personal care and enable us to develop, in the future, new and exciting ingredients to meet the needs of consumers in this and other market sectors.

Inventiva was founded by two entrepreneurs, Dr. Renata Raffin and Candice Felippi, MSc, in 2008 with the aim of developing and manufacturing encapsulated systems for supply mainly to the Personal Care industry.

Cândice Felippi, director of Inventiva

Cândice Felippi, director of Inventiva

Everyone at Inventiva is very happy to be joining Croda through this acquisition. It will enable our technology and product portfolio to reach many more potential partners and new investment means that the team can focus on developing new products for new application areas,” said Renata Raffin. “The opportunity to increase the global use of our delivery system technologies is very promising, and we are excited by the ability to greatly improve the marketing and sales of our products through Croda’s expertise and worldwide network,” added Candice Felippi.

© 2016 - Brazil Beauty News - www.brazilbeautynews.com

latest news
Focus
FCE Cosmetique 2017 marked by record public attendance

FCE Cosmetique 2017 marked by record public attendance

FCE Cosmetique and FCE Pharma, which took place on 23-25 May 2017 at São Paulo Expo recorded an unprecedented level of attendance, receiving 15,400 visitors, a growth of 9% compared to previous year. At the opening ceremony, Geraldo Alckmin, Governor of the São Paulo State, highlighted the efforts of the Government for the (...)

read more
Experts’ views
US retail: Apocalypse or evolution?

Laurence Bacilieri
US retail: Apocalypse or evolution?

American retail is in freefall, and its sales revenues have been deeply affected by 3,500 stores going out of business, not to mention the difficulties Macy’s, Sears and K-Mart are facing. Unlike the banking sector, the main actors of retail are rapidly restructuring their networks of sales points because of the rising price of (...)

read more

Features