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Evonik Acquires Sustainable Botanicals Pioneer Botanica

By leveraging the synergies between the technology platforms, Evonik plans to enhance its product portfolio, open new markets, accelerate growth and create sign

Specialty chemicals company Evonik has inked a purchase agreement to acquire the Swiss plant extract producer Botanica.   Company officials say the closing is expected in November 2021.    “Finding a strong partner with a trusted sustainability record can be challenging,” said Andreas Wälti, managing director of Botanica. “With Evonik, we feel confident that Botanica can continue to operate according to our philosophy, while bringing our high-quality plant extracts to a wider cus...

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