Oterra beefs up natural colour offering with acquisition of Symrise’s Diana Food’s coloring business

GERMANY – Oterra, formerly known as Chr. Hansen Natural Colors A/S, has signed a transactional agreement with German flavour and fragrance company Symrise, to acquire its natural food coloring business, Diana Food’s. Following the completion of the transaction, Oterra will fully integrate Diana Food’s natural coloring business into its world class offering. This is the second acquisition in a short period of time for Oterra since its acquisition by private equity firm EQT and becoming a standalone company. In June this year, the food ingredients company acquired SECNA Natural Ingredients…

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Oterra eyes natural color businesses of flavour and fragrance giant Symrise

GERMANY —Oterra, formerly known as Chr. Hansen Natural Colors A/S is eyeing the natural food coloring business of German flavour and fragrance company Symrise in an effort to bolster its position in the food ingredients space. According to a statement from Symrise AG, Oterra’s offer includes approximately 80 employees of Diana Food in two production facilities located in France and the United Kingdom. “Symrise welcomes the offer from Oterra,” said Jean-Yves Parisot, PhD, president of Flavor & Nutrition at Symrise. The two production sites that would be affected by a…

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