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An agreement between Symrise AG and DRT

The two companies sign an agreement regarding the acquisition of Pinova Inc....
Updated 03/11/2016 - Read more >>

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SUCORRICO, BRAZIL
Sweet orange products
“  Established in the State of São Paolo, this family company produces orange juice concentrates, essential oils, and derivative... ”
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A growers association
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NEWS : An agreement between Symrise AG and DRT

Updated : 03/11/2016

The two companies sign an agreement regarding the acquisition of Pinova Inc.

Symrise AG and DRT have signed an agreement regarding Pinova Inc., one of the leading manufacturers of specialty resins and chemical intermediates headquartered in Georgia, USA.
DRT will acquire Pinova Inc. and its diversified portfolio of industry applications as well as its Brunswick manufacturing site from Symrise.
The purchase price for Pinova Inc. amounts to USD 150 million. As part of the transaction, Symrise and DRT have also agreed on a co-operation for individual product development projects as well as for the supply of strategic raw materials.

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