Symrise Acquires Kaden Biochemicals GmbH

Symrise Acquires Kaden Biochemicals GmbH

HOLZMINDEN, GermanySymrise GmbH & Co. acquired KadenBiochemicals GmbH, expanding its position as a leader in the internationalfragrance, cosmetics and food industries. Kaden Biochemicals is based inHamburg, where it produces active ingredients from plant material. According toSymrise, the acquisition positions the company for further growth in newmarkets. Gerold Linzbach, Ph.D., chief executive officer (CEO) at Symrise(www.symrise.com), said: This acquisition gives us a good position on thehighly attractive market for functional foods and nutraceuticals. As a result, we can now offer a much broader spectrum, and we can presentourselves even more strongly as a source of comprehensive sensory solutions fornearly every challenge on the market.