Symrise successfully finalizes its acquisition of Chr. Hansen's flavorings business

Monday, 28. April 2008 11:32
Corporate news announcement processed and transmitted by Hugin ASA.
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announcement.
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Holzminden/Frankfurt. Symrise has acquired the Dairy Flavors, Savory
Flavors, Sweet Flavors and Seasonings sectors of the Danish
manufacturer Chr. Hansen. The anti-trust authorities approved the
transaction on April 25, concluding Symrise's largest acquisition to
date.
 
The acquisition allows Symrise to keep expanding its business in the
US:  over 80% of Christian Hansen's sales in the flavoring sector
come from North America. This move will help Symrise continue to
become one of the leading suppliers on the largest flavor market
worldwide.
 
Symrise will benefit from much more thorough market coverage and be
able to offer its clients an even broader product portfolio. The
additional production capacity will dramatically improve Symrise's
competitive ability and service in North America. The two companies'
client structures and core competences complement each other
perfectly. In addition to its extensive knowledge of development and
application technology, Chr. Hansen also works with technologies
which are an excellent match for Symrise. In turn, Chr. Hansen's
clients will profit from Symrise's global infrastructure, market
knowledge and research expertise.
 
About Symrise
 
Symrise is a global supplier of fragrances, flavorings and raw
materials and active ingredients for the perfume, cosmetics and food
industry.
 
With sales of ¤1.27 billion in 2007 the corporation ranks among the
top four in the international flavors and fragrances market. Symrise
is headquartered in Holzminden, Germany and operates in over 30
countries in Europe, Asia, the US and South America.
 
With over 40 registered patents each year, Symrise is one of the most
innovative manufacturers on the market. Our products are used in the
perfume, cosmetics and food industries, and everyday life would not
be the same without them. We combine our knowledge about consumer
trends with cutting-edge technologies and have focused on developing
innovative trend and lifestyle products with a specific added value
for consumers. Symrise - always inspiring more.
 
www.symrise.com

 
For further information:
red roses communications
Katja Derow
phone: +49 40-4696770-10
e-mail: k.derow@redroses-pr.com
 



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Symrise AG
Mühlenfeldstraße 1 Holzminden Germany

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Related Links: Symrise AG
Author:
Hugin
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