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Specialty Chemicals

Symrise will buy Sensient’s fragrance unit

by Melody M. Bomgardner
November 27, 2020 | A version of this story appeared in Volume 98, Issue 46

 

Germany’s Symrise has agreed to buy the fragrance business of Milwaukee-based Sensient Technologies for an undisclosed sum. Symrise says the purchase will strengthen its market leadership in ingredients used in personal and home care products, expand its customer base, and grow its international presence. Sensient makes its aroma molecules from natural inputs such as pine and citrus oils at sites in Mexico and Spain. In 2019, the business had sales of about $90 million.

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