EQS-News: Symrise signs a put option agreement to acquire Floral Concept

Summary by AI BETAClose X

Symrise AG has signed a put option agreement to acquire 100% of Floral Concept, a French premium natural ingredients house for fragrances, a move expected to accelerate Symrise's position in Premium Naturals and enhance its offering for Fragrance customers. This acquisition will create a distinctive, best-in-class Naturals cluster in Pays de Grasse by combining Floral Concept with Maison Lautier within its Fragrance division, aligning with Symrise’s ONE Symrise strategy to drive profitable growth and strong cash generation through active portfolio management. The transaction, expected to close in Q3 2026, further advances Symrise's portfolio optimization strategy, though financial details of the investment are confidential.

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Symrise AG (0G6T)
UK 100

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