The deal will give Symrise access to Pinova Holdings' three manufacturing facilities in the southeastern United States, TorQuest said in a statement on Monday.
(Reporting by Shubhankar Chakravorty in Bengaluru; Editing by Anil D'Silva)
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5-day change | 1st Jan Change | ||
100.8 EUR | +0.30% | +0.89% | +1.11% |
Apr. 29 | SYMRISE AG : Warburg Research gives a Neutral rating | ZD |
Apr. 26 | SYMRISE AG : Gets a Buy rating from Baader Bank | ZD |
(Reuters) - Canadian private equity firm TorQuest Partners said it would sell specialty chemicals maker Pinova Holdings Inc to German fragrances and flavors maker Symrise AG for $417 million.
The deal will give Symrise access to Pinova Holdings' three manufacturing facilities in the southeastern United States, TorQuest said in a statement on Monday.
(Reporting by Shubhankar Chakravorty in Bengaluru; Editing by Anil D'Silva)
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