BASF Enters Food and Flavors Market With Isobionics Acquisition
September 26 2019 - 9:40AM
Dow Jones News
By Carlo Martuscelli
BASF SE (BAS.XE) said Thursday that it acquired Dutch natural
flavors company Isobionics for an unspecified amount in order to
establish itself in the food and flavors market.
In addition to the acquisition, BASF also said it has signed a
collaboration agreement with Conagen. The deal will allow it to
supply natural vanillin, a high-demand aroma ingredient.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
September 26, 2019 09:25 ET (13:25 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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