industry chemicals founded 2003 headquarters holzminden germany key people heinz j rgen bertram ceo and chairman of the executive board andreas schmid chairman of the supervisory board products flavors and fragrances revenue 1.572 billion 2010 1 operating income 244.4 million 2010 1 profit 133.5 million de bite 2010 1 total assets 2.059 billion end 2010 1 total equity 842.1 million end 2010 1 number of employees 5 290 fte end 2010 1 website www.symrise.com symrise is a major producer of flavours and fragrances with sales of 1.572 billion in 2010 . major competitors include firmenich givaudan international flavors and fragrances frutarom and takasago international . contents 1 history 2 key figures 3 references 4 external links history edit symrise was founded in 2003 by the merger of haarmann & reimer h & r and dragoco both based in holzminden germany . in 2002 private equity firm eqt northern private equity and bayer reached an agreement on the acquisition of haarmann & reimer while acquiring the shares of minority holders of dragoco . horst otto gerberding majority holder and chairman of the executive board at dragoco placed all of his shares into the new corporation and the merger was completed may 23 2003 . dragoco was founded in 1919 by carl wilhelm gerberding and his cousin august bellmer . haarman & reimer was founded in 1874 by holzminden chemists ferdinand tiemann and wilhelm haarmann after they succeeded in first synthesizing vanillin from coniferin . holzminden was the site where vanillin was first produced industrially . in 1953 h & r was acquired by bayer . in april 2005 symrise acquired flavours direct a uk based manufacturer of compounded flavours and seasonings . in january 2006 symrise acquired hamburg based kaden biochemicals gmbh a producer of specialty botanical extracts . in november 2006 symrise announced plans to sell shares worth 650 million in an ipo . 2 the firm also announced that its main shareholders including eqt would also sell shares worth an unspecified amount . the ipo would leave well above 50 % of symrise shares in free float . deutsche bank and ubs conducted the listing on december 11 2006 . symrise was listed on the frankfurt stock exchange with the trading symbol sy1 . with 81 030 358 shares issued at an issue price of 17.25 for a total volume of 1.4 billion it was the largest german public offering of 2006 . 3 on 19 march 2007 symrise was added to the mdax stock index . 4 on 12 april 2014 symrise had announced the acquisition of diana group one of the leading manufacturers of natural flavours and the global number 1 for pet food solutions . the transaction has been closed on july 29 2014 and valued at around eur 1.3 billion and financed through a combination of equity and debt . key figures edit one of the flavor production building references edit a b c d e f annual report 2010 pdf . symrise . retrieved 2 april 2011 . ipo news from wall street journal in german symrise ipo press release mdax listing announcement external links edit official website v t e mdax companies of germany aareal bank airbus group aurubis axel springer bilfinger brenntag cts eventim deutsche euroshop deutsche pfandbriefbank deutsche wohnen d rr elringklinger evonik industries fielmann fraport fuchs petrolub gea group gerresheimer dmg mori seiki ag hannover re hella hochtief hugo boss jungheinrich kabel deutschland kion group kl ckner krones kuka lanxess leg immobilien leoni man metro mtu aero engines norma group osram prosiebensat .1 media rheinmetall rh n klinikum rtl group salzgitter s dzucker symrise stada tag talanx wacker chemie wincor nixdorf zalando retrieved from https en.wikipedia.org w index.php title symrise & oldid 706660659 categories flavor companiesfragrance companiescompanies of germany navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages deutschfran aisnederlands edit links this page was last modified on 24 february 2016 at 15 46 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view