Oterra signs agreement to acquire Diana Food’s Coloring Business
Oterra™, is pleased to announce that – further to its press release dated June 17, 2021, outlining its intent to acquire Diana Food’s natural food coloring business – both parties have today signed the transactional agreement.Following the completion of the transaction, Oterra will fully integrate Diana Food’s natural coloring business into its world class offering. Diana Food is currently owned by Symrise AG, a global supplier of fragrances, flavors, food, nutrition, and cosmetic ingredients.This is the second acquisition in a short period of time for Oterra, an EQT portfolio company,