Symrise AG has received an offer from Chr. Hansen Natural Colors A/S, now known as Oterra™, to acquire its natural food coloring activities. As the Company has decided to focus the Flavor & Nutrition segment on its core business, it welcomes the offer. The acquisition by Oterra™ would affect around 80 employees of Diana Food in two production facilities located in France and the UK. In compliance with French legal requirements, the Company presented the offer to the Labor Unions today. Depending on the consent, Symrise expects the purchase agreement to be signed in the coming months. [continue...]
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