Neville Prior

Symrise Acquires Belmay

Neville Prior  6 March 2013 05:01:46 PM
Symrise has acquired the global fragrance business of the Belmay Group, an international developer and manufacturer of fragrances and perfume oils, effective today. With this acquisition, Symrise is taking another strategically important step towards sustainable growth in the fine fragrance, personal care and air care segment. Both Belmay’s product and customer portfolios complement the existing activities of Symrise’s Scent & Care division and support its plans for growth. While the acquisition strengthens Symrise’s business globally, it also adds specific value to the company’s growing presence in North America, which is Belmay’s core market. The companies have agreed to keep the purchase price
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