Symrise AG (XTRA:SY1) submitted a binding offer to acquire Neroli Invest Dl on March 22, 2022. In a related transaction, Symrise submitted a binding offer to fully acquire Société Française d'Aromatiques R. Romani. The combined annual sales of SFA Romani and Groupe Neroli amount to more than €40 million.

Transaction is subject to approval of respective bodies and consultations of the works councils and is expected to close in second quarter of 2022.