Moody's Ratings assigns Baa1 rating to Symrise AG, outlook stable
Moody's Ratings (Moody's) assigned a Baa1 long-term issuer rating to Symrise AG (Symrise or the company). This is the first time we have assigned a public rating to Symrise AG. The outlook is stable. RATINGS RATIONALE Symrise AG's Baa1 long-term issuer rating recognizes Symrise's exposure to the...Symrise AG develops, produces, and sells fragrances and flavors as well as active ingredients for the cosmetics industry. Co. operates in two main business segments: The Scent & Care segment, which develops, produces and sells fragrances, cosmetic ingredients, aroma molecules and mint aromas and also develops specific application processes for such substances; and The Flavor & Nutrition segment, which develops, produces and sells flavors that are used by customers in the production of food products (savory and sweet food products as well as dairy products) and beverages.
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