Croda International (CRDA)

Sector:

Industrial Chemicals

Index:

FTSE 100

4,906.00p
   
  • Change Today:
      6.00p
  • 52 Week High: 5,375.00
  • 52 Week Low: 4,564.00
  • Currency: UK Pounds
  • Shares Issued: 128.89m
  • Volume: 274,451
  • Market Cap: £6,323m
  • RiskGrade: 89
  • Beta: 0.88

Croda buys Canadian marine biotechnology group and Finnish tech supplier

By Michele Maatouk

Date: Thursday 11 Jan 2018

LONDON (ShareCast) - (ShareCast News) - Speciality chemicals group Croda International has made two technology acquisitions for an undisclosed sum.
Croda has bought Canadian marine biotechnology company Nautilus and Finnish technology supplier IonPhasE.

Founded in 2007, Nautilus focuses on using marine microbial biodiversity to discover novel actives and materials. Croda said that through this acquisition and the associated patents, it will utilise this innovative science for applications across all its market sectors.

Meanwhile, IonPhasE has developed a unique range of anti-static additives that help to prevent damage to electrical components, increase the safety of chemical and food packaging and improve the long-term appearance of consumer appliances.

Chief executive Steve Foots said: "These acquisitions are very much aligned to our strategy of investing in disruptive technologies, clever people and rich intellectual property. With Nautilus as part of the Croda group, we further expand our expertise in biotechnology; the Nautilus team that will join us have extensive knowledge and expertise in marine biotechnology, also known as 'blue biotechnology'.

"The experience and knowledge of the IonPhasE management team, coupled with our innovation strength, global sales reach and complementary technologies, will allow us to better meet the needs of our customers within our smart materials business within the performance technologies sector."

At 1425 GMT, Croda shares were flat at 4,437p.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CRDA Market Data

Currency UK Pounds
Share Price 4,906.00p
Change Today 6.00p
% Change 0.12 %
52 Week High 5,375.00
52 Week Low 4,564.00
Volume 274,451
Shares Issued 128.89m
Market Cap £6,323m
Beta 0.88
RiskGrade 89

CRDA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.09% below the market average93.09% below the market average93.09% below the market average93.09% below the market average93.09% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
22.73% above the market average22.73% above the market average22.73% above the market average22.73% above the market average22.73% above the market average
47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average
Income
83.03% below the market average83.03% below the market average83.03% below the market average83.03% below the market average83.03% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Growth
31.1% below the market average31.1% below the market average31.1% below the market average31.1% below the market average31.1% below the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 8
Sell 1
Strong Sell 2
Total 15
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CRDA Dividends

  Latest Previous
  Interim Final
Ex-Div 22-Aug-19 11-Apr-19
Paid 02-Oct-19 30-May-19
Amount 39.50p 49.00p

Trades for 06-Dec-2019

Time Volume / Share Price
17:14 21 @ 4,908.33p
17:14 1,057 @ 4,904.79p
17:14 16 @ 4,905.13p
17:14 25 @ 4,902.52p
17:14 177 @ 4,901.61p

CRDA Key Personnel

Chair Anita Frew

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