The number five flavours and fragrances maker has been bought by
private equity group EQT. The company is to be merged with rival
firm Dragoco, creating a new company with a sales potential of
Italian food group Parmalat said on Tuesday it would spend a
maximum of 100 million euros ($89.13 million) if it bought Danone's
Galbani unit while a financial partner would take a majority stake
in the firm.