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Symrise to sell AmeriTerpenes business to Mutares

Symrise said it will divest AmeriTerpenes, its American terpene-ingredients maker, to private-equity firm Mutares for an undisclosed sum.

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Symrise has modestly improved its business portfolio by offloading its American terpene-ingredients maker, Mwb Research's Abed Jarad writes in a note to clients.

The German ingredients group said Tuesday the divestment of AmeriTerpenes to private-equity firm Mutares, for an undisclosed sum, will sh…