Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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.

Click here to receive FREE breaking news email alerts for Symrise Ag and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Stocks moved sharply lower over the course of the trading day on Wednesday, adding to the modest weakness seen in the two previous sessions. With the losses on the day, the major averages fell to their lowest closing levels in over a month. Democrats have climbed into the lead on a generic ballot, according to the results of a new CNN/ORC International poll, although the results may not be as positive for the party as they first appear. With spending on private and public construction both showing notable decreases, the Commerce Department released a report on Wednesday showing an unexpected drop in U.S. construction spending in the month of August.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.