Clariant and Beraca formed a strategic alliance where Clariant will acquire a 30% share of Beraca’s health and personal care division with the possibility for major participation in the future. The transaction will be subject to certain conditions precedent, as well as regulatory approvals.
The alliance will allow Clariant to boost its capabilities in producing natural cosmetic ingredients. “Beraca is a key cornerstone in enhancing Clariant’s portfolio with regards to natural ingredients, biological active extracts and natural emollients, giving our customers unique and exclusive access to cherished ingredients from Brazil,” added Manlio Gallotti, head of BU ICS, Clariant Latin America.
Meanwhile, Beraca will use Clariant's technological expertise in chemistry and its global reach to upgrade Beraca’s portfolio and bring it to new geographies. "We are confident that this partnership will ultimately support the personal care industry in matching present and future worldwide consumer trends and market requirements," noted Ulisses Sabara, president of Beraca.
Beraca will remain an independently managed company. Clariant and Beraca will keep their present global distribution channels and industrial operations.