Croda acquires encapsulation tech from Brazil’s Inventiva
Dr. Renata Raffin and Candice Felippi launched Inventiva in 2008 precisely to create novel encapsulation technologies for the cosmetics and personal care industry.
With this latest development, Raffin tells the press “Everyone at Inventiva is very happy to be joining Croda through this acquisition. It will enable our technology and product portfolio to reach many more potential partners,” she explains. “And new investment means that the team can focus on developing new products for new application areas.”
Felippi is similarly encouraged by the deal: “The opportunity to increase the global use of our delivery system technologies is very promising, and we are excited by the ability to greatly improve the marketing and sales of our products through Croda’s expertise and worldwide network.”
Beauty first
The new technologies have clear applications in the personal care space. And, that’s where Croda plans to first take advantage of the encapsulation systems developed by Inventiva.
“The capabilities of Inventiva and experience of its team are exciting additions for Croda,” says Marco Carmini, managing director of Croda Latin America, in a company press release. “They will allow us, in the short term, to expand our product offering within personal care and enable us to develop, in the future, new and exciting ingredients to meet the needs of consumers in this and other market sectors.”
The company’s science and client base in Brazil and across South America will most certainly benefit Croda. “It will form the basis of a research and technology platform for the encapsulation and delivery of Croda’s products, providing a new dimension in the company’s innovation programme for Personal Care, as well as anticipated opportunities in Croda’s other market sectors,” acknowledges the company.
