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Symrise agrees sale of U.S. terpene ingredients business to Mutares

Symrise has inked a deal to sell its American terpene-ingredients producer to private-equity firm Mutares for an undisclosed sum as it focuses on growing other parts of the business.

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By Joshua KirbySymrise said it inked a deal to sell its American terpene-ingredients producer to private-equity firm Mutares for an undisclosed sum as it focuses on growing other parts of the business.The Holzminden, Germany-based group, which makes taste and scent ingredients for the food and cosm…