Clearance received

Symrise successfully closes acquisition of ADF/IDF

07.11.2019

Symrise has announced that it has successfully completed the acquisition of ADF/IDF, a leading U.S. meat and egg-based protein specialist and pioneer in all-natural nutrition ingredients. The acquisition has been cleared by the Antitrust Division of the U.S. Department of Justice (DOJ), the company states.
Symrise will now begin the process of integrating ADF/IDF. With its portfolio of solutions for the food and pet food industries, ADF/IDF will complement the nutrition portfolio with a highly diversified range of naturally based solutions.
Symrise announced the acquisition of ADF/IDF (as we reported), which was valued at 900 mio dollars, on 31 January this year. The transaction has been financed through a combination of debt and equity.
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