Symrise acquires Diana Group

摘要

Symrise AC has entered into exclusive discussions with the owners of Diana Croup with regards to the acquisition of Diana Croup, one of the most attractive assets in the flavour and nutrition space. With the planned transaction, Symrise will significantly expand its position in the flavour & nutrition market, strengthen its backward integration and expand its activities into the highly attractive Pet Food market. The investment amounts to EUR 1.3 billion, for which Symrise has already secured the required bridge financing. The final financing structure will comprise of debt and equlty. The proposed transaction is subject to consultation with the worker's council and to antitrust clearance.