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Birmingham Post
Birmingham Post
Business
David Laister

Cargill completes £667m buy-out of Croda's performance technologies and industrial chemicals businesses

Cargill Croda United States

Cargill’s buy-out of Croda International’s performance technologies and industrial chemicals businesses has completed.

The £667 million deal includes the significant site at Hull, with more than 1,000 staff transferring to the US agri-giant at five locations.

A deal was agreed in December for the business unit, having been openly marketed previously following a strategic review announced just over a year ago.

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