Symrise Invests an Israeli Biotech Company Synergio
- Chaileedo Press
- Feb 6, 2023
- 2 min read
The investment is aimed at expanding Symrise's cosmetic ingredient portfolio and strengthening its leadership position, Symrise stated.
German flavor and fragrance supplier Symrise has recently entered into a partnership with Israeli biotech company Synergio, acquiring a minority stake in Synergio. The price of the transaction has not yet been disclosed, but Symrise has indicated the possibility of acquiring a majority stake in Synergio in the future.
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