Merger Notification - Announcement according to § 10 Cartel Act
Smyrise AG; Erwerb des Geschäftsbereichs Duftstoffe und Aromachemikalien der Sensient Technologies Corporation
On 14.12.2020 the following merger was notified at the Federal Competition Authority:
Planned purchase process
Symrise AG, a global supplier of fragrances and aroma chemicals, cosmetic active ingredients as well as flavors and product solutions for food production based on natural starting materials, and headquartered in Holzminden, Germany, intends to acquire the fragrances and aroma chemicals business from Sensient Technologies Corporation (Milwaukee, USA).
Business sector concerned: Manufacture of soap and detergents, cleaning and polishing prepartions, perfumes and toilet preparations.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 11.01.2021.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Non-prohibition of the merger
The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 12.01.2021 .