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Report: Symrise Considering Bid for Wild Flavors and Diana
Posted: March 10, 2014
Symrise AG is considering bidding for Wild Flavors GmbH, according to recent press reports from Europe.
The company is also participating in the auction of another ingredients company, Diana, Heinz-Juergen Bertram, the company's CEO, old journalists at a press briefing, according to a Bloomberg news report.
The news follows earlier reports in January which said Wild Flavors GmbH owner Hans-Peter Wild and buyout firm KKR & Co. were reportedly exploring a possible sale valued at as much as $2 billion, or an initial public offering.
Symrise recently posted 2013 sales of €1.830 billion, up 6% from a year earlier.