Firmenich completed the acquisition of the CO2 Extraction Technology unit of Evonik.

Firmenich, the world’s largest privately-owned perfume and taste company, completed the acquisition of the CO2 Extraction Technology unit of Evonik, a stock-listed German speciality chemicals company. Financial terms were not disclosed. "Firmenich has been a pioneer in CO2 extraction for three decades, creating game-changing, natural ingredients, such as the unique spicy notes of pink pepper. With this acquisition, I look forward to expanding our capacity in naturals to delight consumers with sustainably produced new ingredients," Patrick Firmenich, Firmenich Chairman of the Board.