The deal will give Symrise access to Pinova Holdings' three manufacturing facilities in the southeastern United States, TorQuest said in a statement on Monday.
(Reporting by Shubhankar Chakravorty in Bengaluru; Editing by Anil D'Silva)
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5-day change | 1st Jan Change | ||
99.92 EUR | -4.02% | -3.55% | +0.28% |
Apr. 25 | SYMRISE AG : Baader Bank remains its Buy rating | ZD |
Apr. 25 | SYMRISE AG : UBS gives a Buy rating | ZD |
(Reuters) - Canadian private equity firm TorQuest Partners said it would sell specialty chemicals maker Pinova Holdings Inc to German fragrances and flavors maker Symrise AG for $417 million.
The deal will give Symrise access to Pinova Holdings' three manufacturing facilities in the southeastern United States, TorQuest said in a statement on Monday.
(Reporting by Shubhankar Chakravorty in Bengaluru; Editing by Anil D'Silva)
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