Croda announce purchase of Alban Muller
Croda International Plc has announced it has agreed to acquire the worldwide business activities of Alban Muller. With an annual revenue of €18m (2020), Alban Muller is a leader in the creation and supply of natural and botanical beauty ingredients.
The acquisition expands Croda’s portfolio of sustainable active ingredients for customers in personal care markets.
Established in France in 1978 and now employing 90 people, Alban Muller is renowned for its eco-responsible approach to developing innovative botanical extracts, natural formulation ingredients and natural organic cosmetics.
Maarten Heybroek, President of Croda’s new Consumer Care sector said: “We have admired Alban Muller’s sustainability focus and extensive know-how for many years and are delighted to welcome the team to the Croda family. The acquisition of Alban Muller enhances Croda’s position as a world leader in natural and botanical actives, helping us meet the increasing demand from customers looking for ingredients of natural origin to improve the sustainability profile of their products.”
Monsieur Alban Muller added: “I am pleased to pass on the baton to Croda to further expand the eco responsible approach I have advocated for so many years. Croda is the ideal partner to increase the growth of natural products, enhancing our expertise and giving us access to new markets. I am sure the combination will drive future developments in natural ingredients that will be very beneficial for consumers.”