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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.