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Business

Croda buys marine biology services firm

by Rick Mullin
January 22, 2018 | APPEARED IN VOLUME 96, ISSUE 4

Croda International has acquired Nautilus Biosciences Canada, a marine biology company based on Prince Edward Island. Croda has partnered with Nautilus, a specialist in marine microbial biodiversity for materials discovery, for six years. The British specialties company intends to establish Nautilus as a marine biotech innovation center. Croda CEO Steve Foots says the deal adds marine biotech to the company’s industrial and plant-based biotechnology.

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