Croda boosts sustainable ingredients portfolio with acquisition of Enza Biotech

Croda boosts sustainable ingredients portfolio with acquisition of Enza Biotech

Croda has announced its acquisition of research enterprise Enza Biotech. Terms of the deal were not disclosed.

The Lund University spin-off was founded in 2012 to develop a next generation of renewable surfactants. The acquisition will enhance Croda’s natural and renewable product portfolio, with Co-Founders Maria Andersson and Stefan Ulvenlund leading the commercialization of the sustainable ingredients.

“Enza Biotech offers a fantastic opportunity for us to fill an identified technology gap in the surfactants market using natural and renewable raw materials. It is a great fit as sustainability underpins our growth strategy and is an area that already sets us apart in the eyes of our customers,” said Steve Foots, Croda CEO.

 

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