date:Nov 25, 2020
Flavors and scents player Symrise has signed a purchase agreement with Sensient Technologies Corporation to acquire its aroma chemicals activities. These comprise a wide range of aroma molecules from natural and renewable sources, including citrus byproducts.
Both parties agreed to keep the purchase price confidential. The transaction is subject to antitrust and regulatory approvals and other customary closing conditions.
In fiscal year 2019, the business unit generated revenues of approximate