Symrise Announces Sale of 81 Million Shares

Oct 30th, 2008

Jeff Falk

Symrise AG announced plans to raise €1.44 billion to fund expansion and cut debt. The company will sell as many as 81 million shares for €15.75 to €17.75. IPO subscription runs from December 1 to December 8, and trading begins on on December 11.

The technology combines prebiotics and probiotics in a bio-based matrix, designed to restore and regenerate the skin's microbiome. (Note: depiction only, not the actual product)

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The collaboration marks a significant step in merging fashion with functional skin care.

Based on current projections, the combined company would generate 2025 annual net revenues of approximately $32 billion and approximately $7 billion of adjusted EBITDA

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Ulta Beauty Inside Store Adobe Stock 1523687798 Editorial Use Only

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Optimizing Texture & Stability with JD Jojoba Esters – Get a Free Sample

Optimizing Texture & Stability with JD Jojoba Esters – Get a Free Sample

Refine skin feel, structure, and hydration with JD Jojoba Esters. Access the technical sheet and request a free sample to explore the full formulation potential.

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TRiiSO Beauty will showcase a curated collection of biotechnology, upcycled botanicals and biofermentation ingredients at the CASCC.

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Scientists Collab Green Chemistry Lab Setting Diversity Adobe Stock 636939841

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Unilever Announces Sale of Kate Somerville to Rare Beauty

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Founders Mikael Ramgard and Mat Baxter on rewriting the rules of the multi billion-dollar tattoo industry as they bridge artistry and science to target an largely overlooked customer base.

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from L: Steph Herrera and Paisley Gardner

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