Symrise has reached an agreement to acquire Cobell, the UK-based supplier of fruit and vegetable juices.
Symrise said that the acquisition, announced this morning, would help it to strengthen its position in the UK beverage market, enhancing both its local presence and customer proximity. The transaction is expected to be completed at the beginning of July.
Dirk Bennwitz, president of Symrise’s flavour segment in the EAME market, said: “Knowhow meets innovation – this is the guiding principle of our acquisition of Cobell. The group is firmly anchored in the British market and operates with extremely high customer orientation. It thus represents an ideal match for Symrise.
This is massive news for the Food Ingredients Industry.
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