Symrise Successfully Finalizes its Acquisition of Chr. Hansen's Flavorings Business
The acquisition allows Symrise to keep expanding its business in the US: over 80% of Christian Hansen's sales in the flavoring sector come from North America.
29/04/08 Symrise has acquired 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 keep expanding its business in the US: over 80% of Christian Hansen's sales in the flavoring sector come from North America. This move will help Symrise continue to become one of the leading suppliers on the largest flavor market worldwide.
Symrise will benefit from much more thorough market coverage and be able to offer its clients an even broader product portfolio. The additional production capacity will dramatically improve Symrise's competitive ability and service in North America. The two companies' client structures and core competences complement each other perfectly. In addition to its extensive knowledge of development and application technology, Chr. Hansen also works with technologies which are an excellent match for Symrise. In turn, Chr. Hansen's clients will profit from Symrise's global infrastructure, market knowledge and research expertise.
