Symrise Signs Definitive Agreement to Sell AmeriTerpenes to Mutares
Symrise has signed a definitive agreement to sell its AmeriTerpenes LLC terpene ingredients business to Mutares SE & Co. KGaA. The deal supports customer continuity and positions AmeriTerpenes to develop a renewable terpene ingredient portfolio for fragrance, flavor, and industrial uses. Symrise expects a mid-double-digit million-euro non-cash disposal loss impacting its 2026 annual financial statements.
Coverage (6)
- Symrise Divests Terpene Ingredients Business to Mutares (globalcosmeticsnews.com)
- Symrise signs agreement to divest its Terpene Ingredients business to Mutares SE & Co. KGaA (webwire.com)
- Symrise to divest terpene ingredients business to Mutares (chemengonline.com)
- Symrise sells Terpene business to Mutares for portfolio optimization (newshub.co.uk)
- Mutares to acquire Symrise's US terpene ingredients business (marketscreener.com)
- Symrise signs agreement to divest its Terpene Ingredients business to Mutares SE & Co. KGaA (symrise.com)