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Naturex Denies Reports Speculating Acquisition of Diana Group

Posted: March 10, 2014

Naturex has issued a statement saying it "denies any participation in the process to acquire the Diana Group," following recent references in the French and international press citing Naturex as a potential candidate to acquire the maker of organoleptic solutions based on natural ingredients.

Financial media reports in January 2014 said the private equity firm Ardian (ex AXA Private equity) intended to accelerate the sale of Diana Group it had acquired in 2007. Following recent references in the French and international press citing Naturex as a potential candidate to acquire Diana, the group said it wishes to deny this information.

Naturex said it will continue to pursue its own strategy for external growth by focusing on carefully targeted opportunities offering complementary fit with its businesses, expertise and positioning.

Symrise AG is considering bidding for Wild Flavors GmbH and Diana, according to recent press reports from Europe.