Symrise Divests AmeriTerpenes to Mutares in Portfolio Shift
Symrise has divested AmeriTerpenes to Mutares as part of a portfolio shift to focus resources on its core growth platforms. AmeriTerpenes produces renewable terpene ingredients for fragrance, flavor and industrial customers. Symrise and AmeriTerpenes plan to keep commercial relationships, with supply agreements securing continued access to renewable terpene-based raw materials. Symrise expects a non-cash disposal loss in the mid-double-digit million-euro range to be recognized in 2026.