Symrise Finalizes the Acquisition of Chr. Hansen's Flavorings
The acquisition allows Symrise to keep expanding its business in the U.S.: over 80% of Christian Hansen's sales in the flavoring sector come from North America. A press release notes this move will help Symrise continue to become one of the leading suppliers on the largest flavor market worldwide.
That release also notes 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.
From the May 12, 2008, Prepared Foods e-Flash