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Symrise To Buy Schaffelaarbos - Quick Facts

January 07, 2022 — 02:56 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - Symrise (SYIEY.PK, SYIEF.PK) said Friday that it agreed to buy a Dutch-based manufacturer of sustainable egg proteins, Schaffelaarbos, from private investment firm Intersaction and the management. The purchase amount has not been disclosed.

The closing of the transaction is expected in January 2022. Symrise will finance the transaction through a bank facility.

The annual sales of Schaffelaarbos amounts to around 25 million euros.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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