Breaking News

Haarmann & Reimer and Dragoco Form Symrise

November 14, 2005

GERMANY: Dragoco and Haarmann & Reimer, both based in Holzminden, have joined to form Symrise. The company now accounts for 11% of total market volume, according to company estimates.
In 2002, both companies generated sales of approximately 1.24 billion euro, representing a 3.2% rise in sales year-on-year in local currencies. Sales growth was generated in particular in the flavor segment, where sales rose 6.2%, as well as by the regions of Europe, up 6.1%, and South America, up 7.5%, executives said.
“The name Symrise not only stands for a successful symbiosis of two tradition-steeped companies, new vitality and a new beginning,” said Symrise chief executive officer Horst-Otto Gerberding. “Symrise also stands for a new and creative corporate entity that we will be establishing as a distinct brand in its own right, and naturally for collaboration with our customers in a spirit of partnership. Our combined core competencies and our joint expertise serve as the guarantee that Symrise will successfully position itself in the global market.”
blog comments powered by Disqus
  • A Facial Bar Grows in Brooklyn

    A Facial Bar Grows in Brooklyn

    Christine Esposito, Associate Editor||October 24, 2016
    With three doors in Canada, Blitz Facial Bar opens its first US location in one of the hippest areas of New York.

  • Free and Clear

    Free and Clear

    Melissa Meisel, Associate Editor||October 17, 2016
    OY-L aims for zero-chemical skin care.

  • Coming Clean on a Host of Issues

    Coming Clean on a Host of Issues

    October 17, 2016
    Cleaning Products Conference is set for Nov. 9-11, 2016 in Washington DC.

  • Change Is in the Air

    Change Is in the Air

    Doreen Wang, BrandZ ||October 3, 2016
    Technology is changing the personal care market

  • Skin Care of One’s Own

    Skin Care of One’s Own

    Christine Esposito, Associate Editor||October 3, 2016
    Nu Skin’s ageLOC Me—which melds the worlds of smart-phone technology, efficacious ingredients and personalization

  • Proof Positive

    Proof Positive

    Christine Esposito, Associate Editor||October 3, 2016
    Testing service providers enable companies to back up their claims and stay in compliance with regulations.