German-based chemicals company Degussa is considering the sale of its food ingredients business, which is valued at around €600m (US$735.5m).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


A Degussa spokeswoman said the company would contact prospective buyers within the coming weeks, reported Agence France Presse. However, if a buyer does not emerge, the company will consider looking for a partner for the business, the spokeswoman added.


The company said it was considering the sale because it believes the unit is too small to be able to gain a leading market position on its own.


Degussa’s food ingredients unit makes flavourings, colorants and preservatives.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now