M&A Deal Summary

Oterra Acquires Symrises Natural Food Coloring Business Unit

On June 17, 2021, Oterra acquired chemicals company Symrises Natural Food Coloring Business Unit from Symrise

Acquisition Highlights
  • This is Oterra’s 2nd transaction in the Chemicals sector.
  • This is Oterra’s 1st transaction in Germany.

M&A Deal Summary

Date 2021-06-17
Target Symrises Natural Food Coloring Business Unit
Sector Chemicals
Buyer(s) Oterra
Sellers(s) Symrise
Deal Type Divestiture

Target

Symrises Natural Food Coloring Business Unit

Holzminden, Germany
Symrises Natural Food Coloring Business Unit provides colors for the food industry.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Oterra

Hoersholm, Denmark

Category Company
Founded 2020
Sector Food
DESCRIPTION

Oterra is the largest global provider of naturally sourced colors for the food, beverage, dietary supplements, and pet food industry. Oterra was founded in 2020 and is based in Hoersholm, Denmark.


DEAL STATS #
Overall 2 of 2
Sector: Chemicals M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-28 Secna

Valenci, Spain

Secna specializes in the manufacture of natural colors for the food & beverage industry, particularly the production of red and dark tones produced from raw materials such as grapes, black carrots, and caramel. Secna was founded in 1967 and is based in Valencia, Spain.

Buy -

Seller(S) 1

SELLER

Symrise

Holzminden, Germany

Category Company
Founded 1874
Sector Chemicals
Employees12,984
Revenue 5.0B EUR (2024)
DESCRIPTION

Symrise is a producer of flavours, fragrances, cosmetic ingredients and aroma chemicals in the world. Symrise was founded in 1874 and is based in Holzminden, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-23 Sensient’s Fragrances Business Unit

Milwaukee, Wisconsin, United States

Sensient’s Fragrances Business Unit comprises a wide range of aroma molecules and fragrances from natural and renewable sources.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-07 Giraffe Foods

Mississauga, Ontario, Canada

Giraffe Foods is a producer of customized sauces, dips, dressings, syrups and beverage concentrates for B2B customers, in the home meal replacement, food service and retail markets. Giraffe Foods was founded in 1997 and is based in Mississauga, Ontario.

Buy -