The transaction is expected to be finalized by the end of the year, subject to customary regulatory approvals.
Despite a volatile macroeconomic environment and significant currency headwinds, Symrise achieved organic sales growth of 2.8%, with reported group sales reaching €4,929 million (US$5.69B).
The ingredient positions itself as a compelling alternative to conventional synthetic vanillin, which has long struggled to meet the growing consumer demand for recognizable, natural ingredients on product labels.
The appointments will strengthen commercial leadership and accelerate customer centric growth across its global operations.
The project was delivered in collaboration with Bühler Group and SCE Silo Construction & Engineering.