Japan headquartered producer of fragrances, flavours and fine chemicals, Takasago, reached an acquisition agreement with Wessel Fragrances, a producer and distributor of fragrance based in New Jersey, U.S.A.
“We expect that the synergic effect between Wessel’s customer base and Takasago’s creative and technical strength will enable us to develop and expand fragrance businesses in global markets, particularly in the U.S.A. The acquisition forms an important part of our global strategy,” the company commented in a release.