Eurazeo Sells Iberchem Fragrance and Flavors Maker to Croda

PARIS — Eurazeo Capital said Wednesday that it is selling its stake in Iberchem, a Spanish fragrance and flavors maker, to Croda International, a U.K.-based specialty chemicals concern. Under terms of the deal, Iberchem is valued at 820 million euros. That represents 20.5-times the group’s earnings before interests, taxes, depreciation and amortization in 2020. Founded in Murcia, Spain, in 1985, […]

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