Symrise’s ADF/IDF acquisition boosts group sales by US$36m
date:Mar 12, 2020
Symrise has issued its 2019 financial overview, outlining growth for its segments amid fluctuating raw materials prices. The acquisition of the ADF/IDF Group, a leading US supplier of poultry and egg-based protein specialties, completed last November, notably contributed approximately 32 million (US$36.3 million) to group sales. By 2025, the German flavor house plans to increase its sales from 5.5 billion (US$6.2 billion) to 6 billion (US$6.8 billion) by means of organic growth at an annual rate
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