Symrise AG Makes Minority Investment in Bonumose
July 13, 2023
Symrise AG has signed a minority investment agreement with Bonumose, an early-stage food ingredient manufacturer that produces rare sugars (e.g., tagatose and allulose) using patented enzymatic technology. The strategic minority investment will accelerate Symrise's sugar-reduction initiatives by combining Symrise's flavor and taste-balancing capabilities with Bonumose's cost-efficient production of sugar alternatives, targeting applications such as beverages and ice cream.
- Buyers
- Symrise AG
- Targets
- Bonumose
- Industry
- Food & Beverage
- Location
- Virginia, United States
- Transaction Type
- Growth capital
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