date:May 15, 2014
including debt to narrow the gap on top rival Givaudan and expand in natural ingredients and pet food.
The purchase will increase Symrise's market share and make it the world's third-biggest scents and flavours company - up from number four. It also brings the company closer to its goal of boosting annual sales by around 1 billion euros by 2020.
The deal values Diana at 14 times its 2013 earnings before interest, tax, depreciation and amortization (EBITDA). Symrise trades at 12.3 times its e