Symrise to make acquisitions as part of growth plans this year~
Symrise, the listed German aroma producer, plans to continue growing faster than the market this year, with acquisitions likely to form part of this growth, Boersen-Zeitung reported.
The German-language daily cited Chief Executive Heinz-Juergen Bertram as saying that acquisitions will only be sought in fields of activity the company is already familiar with.
He said the financial resources available for acquisitions in the present business year are about EUR 500m.
By 2020, Symrise aims to boost the proportion of its sales coming from emerging markets from the present 47% to more than 50%.
Boersen-Zeitung