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New Deal


Announced

Symrise to acquire Giraffe Foods from Graham Partners.

Synopsis

Symrise, a producer of flavours and fragrances, agreed to acquire Giraffe Foods, a producer of customized sauces, dips, dressings, syrups and beverage, from Graham Partners, a private equity firm. Financial terms are not disclosed. “We consider this acquisition as a strategic opportunity to expand our portfolio into the highly attractive market for customized flavor and taste enhancement solutions. By combining Symrise’s Flavor & Nutrition expertise with Giraffe Food’s custom formulation capabilities, we aim to become a leader in integrated taste solutions in North America to always better serve our customers. The acquisition of Giraffe Foods supports our well established Symrise businesses in the region and will enlarge our value proposition in Taste, Nutrition and Health”, Jean-Yves Parisot, Symrise President.

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