Investment Summary

Symrise Invests In EvodiaBio

On January 23, 2023, Symrise invested in beverage company EvodiaBio

Investment Highlights
  • This is Symrise’s 1st transaction in the Beverages sector.
  • This is Symrise’s 1st transaction in Denmark.

Investment Summary

Date 2023-01-23
Target EvodiaBio
Sector Beverages
Investor(s) Symrise
Deal Type Stake Purchase

Target

EvodiaBio

Copenhagen, Denmark
EvodiaBio is a commercial company in rooted in research to reinventing the production of natural aromas for a more sustainable world. It has developed a ground-breaking technology platform that uses precision fermentation to produce sustainable taste for the food and beverage industry, with the potential to go beyond this market. EvodiaBio was formed in 2021 and is based in Copenhagen, Denmark.

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Investor(S) 1

Investor

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 13 of 15
Sector: Beverages M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 2023 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-20 SFA Romani

Saint Cezaire sur Siagne, France

SFA Romani is a supplier both for its creativity and its excellent service of fine fragrance compounds. Its products are used to manufacture perfumes, personal care, cosmetic products and home fragrances. SFA Romani was founded in 1963 and is based in Saint Cezaire sur Siagne, France.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-13 Bonumose

Charlottesville, Virginia, United States

Bonumose is a food ingredient manufacturer that specializes in the affordable production of delicious, good-for-you rare monosaccharides (alternatives to sucrose) such as tagatose and allulose. Bonumose was formed in 2016 and is based in Charlottesville, Virginia.

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