Kobo Tag

PARIS — Swiss fragrance and flavors supplier Symrise AG has raised its stake in Kobo Products Inc., a U.S.-based pigment and powder specialist for the wonder industry, to 49 percent. Financial terms of the deal weren't disclosed, but in a press release Symrise said the funds raised are expected to expand capability and enhance Kobo’s supply chain. “The transaction creates further opportunities for each corporations within the fields of mineral UV filters and ornamental cosmetics,” Symrise said. “Kobo customers may also profit from expanded capacities and global supply chains. With this step, each partners have expressed their strong commitment to this partnership and the added value it should create for patrons and consumers.” The fragrance and flavors suppliers keep expanding their reach through...