Symrise signs put option to acquire Floral Concept

Deal overview

Symrise has signed a put option agreement to acquire 100% of the share capital of Floral Concept, a French premium natural ingredients house for fragrances based in Saint-Cezaire-sur-Siagne in the Pays de Grasse region. The parties expect to close the contemplated transaction in Q3 2026, subject to relevant employee information and customary closing conditions; financial details have been agreed to be treated confidentially.

Strategic rationale

The transaction is described as a strategic milestone to accelerate Symrise towards a leading position in premium natural fragrance ingredients, responding to growing demand for natural, traceable and differentiated ingredients in fine perfumery and personal care. Symrise frames the move as aligned with its ONE Symrise strategy, capital allocation and portfolio optimisation priorities to support durable, profitable growth and strong cash flow.

Floral Concept capabilities

Founded in 2002, Floral Concept is presented as a premium natural fragrance ingredients house that sources, selects and transforms natural raw materials into high-value fragrance ingredients, supported by long-standing producer relationships and a focus on quality, authenticity and traceability. Its portfolio includes premium natural extracts derived from botanicals such as jasmine, rose, orange blossom, ambrette and blackcurrant.

Integration and expected impact

Symrise plans to combine Floral Concept with its existing Naturals house Maison Lautier 1795 to establish a dedicated Naturals cluster in Grasse, aiming to combine complementary capabilities across responsible sourcing, extraction, transformation and fragrance creation and to expand creative and technical possibilities in premium natural ingredients.