Successful capital increase

For the partial financing of the acquisition of the US companies ADF/IDF, Symrise is carrying out a capital increase of 5,614,036 ­no-par value shares, which are rapidly subscribed by institutional investors at an issue price of € 71.25 per share. The gross proceeds amount to € 400 million; the new shares are already dividend-­entitled for 2018.

135,426,610

shares with a nominal value of € 1 each form the share capital of Symrise AG.

Financing at very attractive conditions

Symrise issues a bond of € 500 million with a coupon of 1.25 % and a term of 6.5 years. The issue was oversubscribed numerous times. Together with the advantageous interest rate, this highlights the high level of trust the investors have in the strategy and financial power of the Group.

Reinforcement in biotech

Symrise takes over the Italian biotech company Cutech in Padua. Cutech specializes in special preclinical screening services based on innovative proprietary ex vivo models for the skin, sebaceous glands and hair. In addition, Cutech offers a portfolio of patented natural ingredients such as microalgae, which excellently complements Symrise’s product lines. The acquisition expands Symrise’s know-how in the efficacy testing of cosmetic ingredients and opens up new opportunities for collaboration with scientific partners. In addition, it accelerates the market launch of new active ingredients.

Symrise invests in indonesia

With a population of more than 264 million, Indonesia is an important sales market in Southeast Asia. It is also a key supplier for a variety of natural raw materials such as patchouli and cloves. Symrise invests a total of roughly € 3 million in the expansion of the innovation center in the Indonesian capital of Jakarta, thus underlining the significance and great potential of this key market. Symrise develops creative solutions for fragrances, cosmetics, food and beverages in this modern facility.

€ 3 million

was invested by Symrise in the expansion of the ­innovation center in the Indonesian capital Jakarta.

Among the world’s best ceos

Every year, the US journal “Harvard Business Review” publishes a list ranking the best CEOs around the world based on analyses by the French business school INSEAD and two ESG research institutes. In 2019, this list included five German managers among the Top 100 – one of them being Dr. Heinz-Jürgen Bertram, CEO of Symrise, at number 35. In addition to financial key figures, the evaluation also increasingly takes into account indicators of the sustainability performance of companies. Symrise is strong in both areas.