logo
Share SHARE
FONT-SIZE Plus   Neg

Symrise Acquires Global Fragrance Business Of Belmay Group - Quick Facts

Symrise AG (SYIEF.PK,SYIEY.PK) announced it has acquired the global fragrance business of the Belmay Group, an international developer and manufacturer of fragrances and perfume oils. The companies have agreed to keep the purchase price confidential.

The Belmay Group, headquartered in Yonkers, New York, is a developer and manufacturer of fragrance creations, particularly in the segments fine fragrances, cosmetics and air care. Belmay generated fragrance sales of around US$60 million in fiscal 2012. At the beginning of 2012, Symrise took over Belmay's Brazilian fragrance business.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Computer and printer maker Hewlett-Packard Co. said Thursday after the markets closed that its second quarter profit fell 21% from last year, hurt by lower revenue and costs related to the planned separation of the company. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Accounting software maker Intuit reported a plunge in third-quarter profit, hurt by impairment charges, even as results topped Wall Street estimates, driven by growth in small business segment amid a strong tax season. Struggling teen-apparel retailer Aeropostale Inc. (ARO), Thursday said its first-quarter loss narrowed from a year ago, driven largely by stronger margins even as revenues continued to plunge dropped. Nevertheless, the company lost almost one-fifth of its market value in after-hours trade, with the...
comments powered by Disqus
Follow RTT