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Probi-Symrise Deal Boosts Interest in Functional Foods and Consumer Health Categories

Posted: September 4, 2012

Symrise AG has acquired 11.8% of the capital and 12.1% of the voting rights in Swedish probiotic company Probi, making it the largest shareholder in the company. 

Symrise has acquired a total of 1,102,301 shares in Probi, which is a Lund, Sweden-based publicly traded company which has customers in the functional foods and consumer health care business areas.

“Symrise has significant industrial expertise and a global network," said Michael Oredsson, Probi's CEO. "There is currently no industrial collaboration between Probi and Symrise, but we intend to investigate the benefits of such a partnership."