Symrise AG acquires Unilever Food Ingredients Business in UK

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Symrise AG acquires Unilever Food Ingredients Business in UK
September 17, 2007
Flavor and fragrance manufacturer Symrise has acquired Unilever’s non branded food ingredients business in the UK. The food ingredients portfolio comprises dry seasonings and wet pastes. The turnover of this non core business for Unilever UK was 5m€ in 2006.

Located in Burton-on-Trent Unilever produces non branded flavorings to the fast growing chilled food categories as well as to the traditional culinary and snack food sectors. This is a Strategic focus area for Symrise and brings together a complementary customer base of existing and new accounts. With the acquisition Symrise further strengthens its savory business by adding additional competencies and final recipes. Furthermore Symrise achieves synergies by increased economies of scale in their own factories in Corby and Eye.
 
In 2006, Symrise launched its “taste for life™” program which has been successfully used to position itself in the market for flavors providing a “healthier taste.” These include flavorings derived from natural products as well as ones which allow customers to significantly reduce the sugar, salt or fat content in their final products. 
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