Symrise announced the acquisition of US-based Pinova Holdings, a supplier of ingredients from natural and renewable sources mainly used in the production of perfumes, fragrances and oral care products, for US$397m. Subject to conditions to be met within 12 months, the seller will receive a premium of US$20m.
22 Sep 2015
‘Cool’ complementary acquisition
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‘Cool’ complementary acquisition
Symrise AG (SY1:WBO) | 0 0 1.0% | Mkt Cap: 8,612m
- Published:
22 Sep 2015 -
Author:
Martin Schnee -
Pages:
2
Symrise announced the acquisition of US-based Pinova Holdings, a supplier of ingredients from natural and renewable sources mainly used in the production of perfumes, fragrances and oral care products, for US$397m. Subject to conditions to be met within 12 months, the seller will receive a premium of US$20m.