Symrise Finalizes Chr. Hansen Acquisition
Posted: April 28, 2008
Symrise (Holzminden, Germany) has finalized its acquisition of the dairy flavors, savory flavors, sweet flavors and seasonings sectors of the Danish manufacturer Chr. Hansen. The anti-trust authorities approved the transaction on April 25, concluding Symrise’s largest acquisition to date. The acquisition allows Symrise to continue expanding its business in the United States: more than 80% of Chr. Hansen’s sales in the flavoring sector came from North America. In addition, Symrise will benefit from the additional production capacity and Chr. Hansen’s knowledge of development and application technology. Chr. Hansen’s clients will profit from Symrise’s global infrastructure, market knowledge and research expertise.