HOLZMINDEN

DGAP-News: Symrise accelerates international expansion in Pet Nutrition through acquisition of Schaffelaarbos

Retrieved on: 
Freitag, Januar 7, 2022
Egg, Group, Health, Ambition, Acquisition, Growth, Cosmetics, Organization, Joint venture, Life, NL, Protein, CEO, Hill's Pet Nutrition, Food, Drink, Taste, EU, Symrise, Schaffelaarbos, Symrise:, SCHAFFELAARBOS, SYMRISE:

With this transaction, Symrise will take a major strategic step in its accelerated global expansion in Pet Nutrition.

Key Points: 
  • With this transaction, Symrise will take a major strategic step in its accelerated global expansion in Pet Nutrition.
  • "The acquisition of Schaffelaarbos represents a prime opportunity to accelerate Symrise's ambition to become a reference global player in Pet nutritional solutions, while contributing to a positive circular food system.
  • In 2019, Symrise made its first step in Pet Nutrition with the acquisition of ADF/IsoNova, the reference provider of quality chicken protein and egg proteins for the US pet food industry, tapping into a new market segment.
  • Schaffelaarbos is a leading player in the manufacturing of sustainable egg proteins for the pet food industry in the EU.

DGAP-News: Symrise expands portfolio of custom taste solutions through acquisition of Giraffe Foods Inc.

Retrieved on: 
Dienstag, Dezember 7, 2021
Solution, Condiment, Health, Food industry, Group, Growth, Culture, Trust, Cosmetics, Food, CEO, Organization, Life, R, Drink, B2B, CAD, Flavor, Acquisition, Financial services, Fast food, Retail

Symrise expands portfolio of custom taste solutions through acquisition of Giraffe Foods Inc.

Key Points: 
  • Symrise expands portfolio of custom taste solutions through acquisition of Giraffe Foods Inc.
  • "We consider this acquisition as a strategic opportunity to expand our portfolio into the highly attractive market for customized flavor and taste enhancement solutions.
  • By combining Symrise's Flavor & Nutrition expertise with Giraffe Food's custom formulation capabilities, we aim to become a leader in integrated taste solutions in North America to always better serve our customers.
  • Giraffe Foods Inc. is a leading player in the formulation and manufacturing of custom taste solutions in a wide array of packaging.

"GreenTech" booms in Germany: Stiebel Eltron reports double digit growth

Retrieved on: 
Donnerstag, Dezember 2, 2021
Other Energy, Utilities, Other Construction & Property, Residential Building & Real Estate, Alternative Energy, Energy, Construction & Property, Government, Sale, Technology, Industry, Zebra Technologies, Heat, Climate change, Electricity, SME, Multimedia, Employment, Human resources, Renewable energy

The most important driver is the business with environmentally friendly heat pump systems "Made in Germany".

Key Points: 
  • The most important driver is the business with environmentally friendly heat pump systems "Made in Germany".
  • "By 2026, we aim to double the production capacities at our headquarters in Holzminden, Lower Saxony.
  • "Our heat pump systems help to fight climate change so that we create jobs for a market of the future."
  • Stiebel Eltron is one of the worlds market leading suppliers of technology products for building services and green tech: STIEBEL ELTRON Group ( stiebel-eltron.com )
    View source version on businesswire.com: https://www.businesswire.com/news/home/20211201006002/en/

DGAP-News: Symrise extends Executive Board contract of Heinz-Jürgen Bertram ahead of schedule until 2025

Retrieved on: 
Mittwoch, Dezember 1, 2021
CEO, Haarmann, Board of directors, Company, EBITDA, Drink, Federal Executive Boards, Group, Supervisory board, Leadership, Goal, Trust, Efficiency, Symrise, Food, DAX, Cosmetics, Bayer, MDAX, Life, Chemistry, Management, Perfume

Firm focus on long-term goals: continuation of successful growth course

Key Points: 
  • Firm focus on long-term goals: continuation of successful growth course
    At its meeting on 1 December, the Supervisory Board of Symrise AG once again extended the contract of Chief Executive Officer Dr Heinz-Jrgen Bertram ahead of schedule.
  • With his confirmation in office until the end of 2025, Symrise is preserving its customary continuity and long-term management approach.
  • "Dr Heinz-Jrgen Bertram has been leading Symrise AG confidently and successfully for more than ten years now.
  • Since 2003, he has held several senior positions with Symrise, and was appointed to the Executive Board in 2006.

DGAP-News: Symrise continues accelerated growth course

Retrieved on: 
Dienstag, Oktober 26, 2021
Probiotic, Pet food, Sensient Technologies, Growth, Travel, PETS, Flavor, Food, Oral hygiene, Vanilla, Leisure, Cosmetic industry, Consumer, Menthol, Life, Drink, Symrise, Cosmetics, CEO, CAGR, Odor, Coronavirus, Animal, Perfume, Fine chemical

Further raising of sales target for 2021: organic growth of around 9 % expected

Key Points: 
  • Further raising of sales target for 2021: organic growth of around 9 % expected
    Symrise AG successfully continued its profitable growth course in the third quarter of 2021.
  • We are extremely satisfied with our business development since the beginning of the year and we are continuing our accelerated growth path," said Dr Heinz-Jrgen Bertram, CEO of Symrise AG.
  • Overall, the division achieved strong double-digit organic sales growth in the first nine months and further accelerated growth in the third quarter.
  • Symrise intends to achieve this increase with annual organic growth of 5 to 7 % (CAGR) and complementary strategic acquisitions.

O-I Glass Reports Strong Third Quarter 2021 Results

Retrieved on: 
Montag, Oktober 25, 2021

Demand for glass containers remains strong, yet shipments were down slightly due to choppy demand patterns, mix management and ongoing supply chain disruptions.

Key Points: 
  • Demand for glass containers remains strong, yet shipments were down slightly due to choppy demand patterns, mix management and ongoing supply chain disruptions.
  • Segment Operating Profit1: Third quarter 2021 segment operating profit was $243 million compared to $204 million in the prior year period.
  • While demand for glass containers remains strong, sales volumes (excluding divestitures) declined approximately 1 percent from the prior year.
  • Retained corporate and other costs were $49 million in the third quarter of 2021 compared to $35 million in the prior year quarter.