IHS Chemical Week

People & Business :: Companies

Symrise Finalizes Two Acquisitions and a Strategic Partnership

4:44 AM MST | February 28, 2012 | Sotirios Frantzanas

Symrise (Holzminden, Germany), a flavors and fragrances producer, says it has finalized the acquisition of the Brazilian activities of fragrance manufacturer Belmay (New York) and the acquisition of Trilogy Fragrances (Lakewood, NJ), and it has agreed to a strategic partnership with biotechnology company Indevex (Storebro, Sweden). Financial terms of the transactions were not disclosed. The acquisition of Belmay's Brazilian activities expands Symrise's existing offer of products in the application areas of fine fragrances, hair care, and personal care, the...

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