Symrise plans premium Naturals cluster with Floral Concept acquisition. Key takeaways. * Symrise plans to acquire French natural fragrance specialist Floral Concept to strengthen its premium fine fragrance portfolio. * Floral Concept and Maison Lautier would form a Naturals cluster in Grasse, France, combining sourcing, extraction, and fragrance expertise. * The deal supports Symrise's strategy to grow in traceable, responsibly sourced, and differentiated natural ingredients. Symrise has signed a put option agreement to acquire Floral Concept, a French premium natural ingredients fragrance house. If completed, the acquisition positions Symrise competitively in the natural fine fragrance space as demand for ethical and differentiated ingredients grows across perfumery. The deal would also bring together Floral Concept and Maison Lautier - Symrise's natural ingredients fragrance house - in Pays de Grasse, France, in a Naturals cluster. The move is part of the cosmetic ingredient supplier's One Symrise strategy, aiming to drive growth and fiscal resilience. The transaction is expected to close in Q3 of 2023. According to Symrise, Fine Fragrance is experiencing a growing demand for responsibly sourced, traceable, and differentiated ingredients. The company says that the appetite for specialty extracts and natural ingredients fine-tuned by technological advancements is on the rise as consumers seek unique olfactive profiles and performance. The Floral Concept acquisition would enable Symrise to differentiate and broaden its fragrance offerings, allowing customers greater creative possibilities in premium fragrance compositions. Growing perfumery portfolio. Aligned with the One Symrise strategy, the transaction works in tandem with the company's capital allocation and active portfolio management priorities. The acquisition is said to advance Symrise's portfolio optimization strategy and its targets to deliver resilient, profitable growth and strong cash flow. "With Floral Concept, we contemplate acquiring a high-quality growth platform fully aligned with the One Symrise strategic priorities," says Michael Friede, president of the Scent & Care Segment at Symrise. "I am convinced this will support the continued evolution of our portfolio toward more differentiated, resilient, and value-creating businesses" Fragrance has proven to be a lucrative category for Symrise. In its 2025 financial report, the company stated that it achieved its highest profitability in a decade,Symrise plans to acquire French natural fragrance house Floral Concept. bolstered by Fragrance. Natural fragrance ingredients. Founded in 2002, Floral Concept says it has high standards of quality and authenticity in premium natural fragrance ingredients, with a focus on sourcing and processing natural raw materials into fragrance ingredients. "We have built Floral Concept around quality, authenticity, and long-term relationships with producers and customers," says Frédérique Rémy, general manager at Floral Concept. "In Symrise, we see a partner that understands Naturals, values the Grasse ecosystem, and can support the next phase of Floral Concept's development through its global reach and fragrance expertise." Floral Concepts is touted to bring artisanal expertise with transformation capabilities. The company boasts a portfolio of natural fragrance ingredients derived from botanicals such as jasmine, rose, orange blossom, ambrette, and blackcurrant. The Naturals cluster, established by the union of Floral Concept and Maison Lautier, aims to combine complementary capabilities across responsible sourcing, extraction, transformation, and fragrance creation. "We have created an opportunity to expand creative and technical possibilities in premium natural ingredients," says Ricardo Omori, president of the Global Fragrance Division at Symrise. "By combining Floral Concept's sourcing and extraction expertise with Maison Lautier's heritage of innovation, we will create a new benchmark for creativity, quality, and sustainability in perfumery." This combination is said to develop Symrise's premium Naturals capabilities, furthering its efforts to position itself as a leading player in Premium Naturals while reinforcing its commitment to sustainability, traceability, and long-term partnerships across the value chain.

Symrise strengthens premium Naturals portfolio with planned acquisition of Floral Concept. Jul 23, 2026 / Pays de Grasse, France: Symrise has signed a put option agreement to acquire Floral Concept, a French specialist in premium natural fragrance ingredients, reinforcing its strategy to become a global leader in high-value natural solutions for the fine fragrance industry. The proposed acquisition will enhance Symrise's capabilities in sourcing, processing and developing premium botanical ingredients, responding to growing customer demand for natural, traceable and sustainably sourced fragrance materials. The move further supports the company's long-term strategy of expanding its portfolio with differentiated, innovation-driven businesses that deliver sustainable growth. Based in the renowned Pays de Grasse region of France, Floral Concept has established a strong reputation for producing premium fragrance ingredients derived from carefully selected botanicals such as jasmine, rose, orange blossom, ambrette and blackcurrant. Its expertise in responsible sourcing and natural extraction complements Symrise's existing Naturals business, Maison Lautier 1795, creating a dedicated platform for premium natural fragrance ingredients. By combining the heritage and technical expertise of both companies, Symrise aims to broaden its offering for perfumers and fragrance houses, enabling the development of more distinctive, authentic and sustainable fragrance creations. The integrated platform will also strengthen the company's commitment to transparency, responsible sourcing and long-term partnerships throughout the natural ingredients value chain. Expected to close during the third quarter of 2026, subject to customary conditions, the transaction represents another strategic step in Symrise's portfolio optimization strategy while reinforcing its position in the rapidly growing market for premium natural fragrance ingredients.

Following the announcement of Jack Corley's retirement, Theoutlookonline is pleased to share that Steven Weaver has been promoted to the role of Chief Sales Officer, effective July 3rd, 2026. PR Newswire Today at 6:19am PDT SOMERSET, N.J., June 27, 2026 /PRNewswire/ - Steven joined Custom Essence as Vice President of Business Development in July 2025 after almost 20 years with Symrise where he most recently served as Vice President of Sales, North America. While at Symrise, he led commercial strategy and drove business development efforts through creativity and innovation. He is a results-driven, entrepreneurial commercial leader with a track record of driving sales growth within the fragrance industry, including over two decades of leading commercial teams for multinational FMCG accounts. Steven brings extensive expertise in leading and collaborating with diverse, cross-functional teams and has made a significant impact in elevating Custom Essence's business development efforts. Steven holds an MBA in Marketing from Fordham University and a Bachelor of Science in Business Logistics / Supply Chain Management from Penn State, a foundation that continues to inform his data-driven, customer-centric leadership style. In his new role as Chief Sales Officer, Steven will be responsible for leading the commercial team, fostering strategic partnerships, and driving Custom Essence's commercial growth strategy in support of its 2030 business plan. Please join Theoutlookonline in congratulating Steven and wishing him every success in his new role. SOURCE Custom Essence This is a paid placement. For further inquiries, please contact PR Newswire directly.