Croda to Buy Seed Additive-Maker Incotec for $164 Million

Updated on
  • Incotec is Croda's biggest purchase since hiring of M&A chief
  • Croda purchase of Incotec will increase competition for BASF

Croda International Plc, the world’s second-largest maker of cosmetic ingredients, agreed to acquire Incotec Group BV for 155 million euros ($164 million) to expand into the market for additives to improve the performance of crop seeds.

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