Cargill Acquires Floratech
October 20, 2020
Cargill has entered into an agreement to acquire Floratech, a Chandler, Arizona–based maker of natural emollients and botanical derivatives for the beauty and personal care industry. The deal expands Cargill’s Cargill Beauty capabilities by adding Floratech’s specialty ingredient portfolio and R&D/manufacturing expertise to accelerate nature-derived, sustainable solutions for cosmetics customers worldwide.
- Buyers
- Cargill
- Targets
- Floratech
- Industry
- Manufacturing
- Location
- Arizona, United States
- Transaction Type
- Buyout
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