Sector News

Symrise To Acquire Flavor Infusion In California

June 5, 2015
Chemical Value Chain
(RTTNews) – Fragrances, flavorings and cosmetic supplier Symrise AG (SYIEY.PK,SYIEF.PK), Friday announced the acquisition of California based Flavor Infusion, a specialized supplier for natural beverage solutions in North America. The financial aspects of the deal was not revealed.
 
Symrise said the acquisition will provide immediate value to it and the customers will benefit from diversified offering of functional and hydration based drinks as well as numerous applications. The deal is expected to be closed in the third quarter 2015.
 
Symrise plans to integrate the activities of Flavor Infusion, that has a turnover of $10 million, into its US Flavor & Nutrition business immediately after closing.
 

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