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Symrise Completes IPO

9:29 AM MDT | July 25, 2007 | Chemical Week Editorial Staff

Flavors and fragrances company Symrise (Holzminden, Germany) says it has completed its initial public offering (IPO), and that its shares are listed on the Frankfurt stock exchange (CW, Nov. 29/Dec. 6, 2006, p. 7). The IPO raised €1.4 billion ($1.8 billion), Symrise says. Almost 69% of Symrise is listed; 23.9% is held by private equity capital firm EQT (Stockholm), Symrise’s former majority shareholder, and the rest by financial institutions and by Symrise’s management, Symrise...

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