History since 2003
In April 2005, Symrise acquired Flavours Direct, a UK-based manufacturer of compounded flavours and seasonings.
In January 2006, Symrise acquired Hamburg based Kaden Biochemicals GmbH, a producer of specialty botanical extracts.
In November 2006, Symrise announced plans to sell shares worth €650 million in an IPO.[7] The firm also announced that its main shareholders, including EQT, would also sell shares worth an unspecified amount. The IPO would leave well above 50% of Symrise shares in free-float. Deutsche Bank and UBS conducted the listing on December 11, 2006. Symrise was listed on the Frankfurt Stock Exchange with the trading symbol SY1. With 81,030,358 shares issued at an issue price of €17.25 for a total volume of €1.4 billion, it was the largest German public offering of 2006.[8]
On 19 March 2007, Symrise was added to the German MDAX stock index.[9]
In March 2013, Symrise acquired US-owned fragrance manufacturer Belmay Fragrances for an undisclosed sum.
On 12 April 2014, Symrise had announced the acquisition of Diana Group one of the leading manufacturers of natural flavours and the global number 1 for pet food solutions.[10] The transaction was closed on July 29, 2014, and valued at around EUR 1.3 billion of equity and debt.
In November 2020, Symrise announced its purchase agreement with Sensient Technologies Corporation, to acquire its fragrance and aroma business.[11]
Total sales today amount to approximately €4.6 billion[12].
