Symrise to acquire ADF/IDF for $900m.

Symrise, a major producer of flavours and fragrances, offered to acquire ADF/IDF, a pet food provider, for $900m. “The strategic acquisition of ADF/IDF perfectly delivers on our strategy to expand in fast growing, high-margin business areas. The complementary offering will further diversify our Diana portfolio in pet food and nutrition. The acquisition of the leading provider of natural pet food nutrition ingredients is a further breakthrough for Symrise into the pet food nutrition market. With our expertise in pet food palatability and competence in nutrition solutions, we will create an integrated partner for our pet food clients. Through this acquisition, we will also broaden our global presence especially in the USA – a strategically important growth market for us – and strengthen our customer base,” Heinz-Jürgen Bertram, Symrise CEO.