date:Aug 05, 2013
nt stake in Sweden's probiotics manufacturer Probi and a minority stake in Swedish food ingredient developer Indevex Biotech.
Symrise aims to boost the proportion of sales from developing economies - the industry's fastest growing market - to about two thirds by 2020 from 50 percent now, he said. Group revenues were 1.7 billion euros ($2.3 billion) last year.
In the $20 billion fragrance and flavour market, Symrise ranks fourth after Givaudan, IFF and unlisted Firmenich. It sells cosmetic ingr