Should You Invest In Croda International?

Listed on the London Stock Exchange, Croda International is a Chemicals company founded in 1925 by George William Crowe and Henry James Dawe, who specialised in extracting lanolin from sheep’s wool. The company has expanded its services over the last several decades to include dietary supplements and surfactants. Croda International is based in Yorkshire, but has operations in many countries, including: Brazil, India, Japan, Korea, and the United States. Trading as CRDA.L on the London Stock Exchange, the company was first listed back in 1964. In addition to the LSE, Croda International is also part of the FTSE 100 component, an index that features the top 100 companies on the London Stock Exchange with the highest market capitalisation. Even though Croda International is a leading Chemicals provider, the company started from very humble origins. The company founders originally began their operations by purchasing an abandoned waterworks facility for a mere 7 pounds. Surprisingly, they achieved much of their success during the Great Depression. Fast forward to 2006, Croda International purchased Uniqema, a chemical manufacturing company, for 410 million pounds. Ready to get started? Add CRDA.L stock to your watchlist.