Diana produces and sells natural ingredients used in the pet food, human food and beverages and pharmaceutical industries. It is the market leader in flavours for pet food and employs more than 1,000 people and has 17 plants in Europe, US, Latin America and Australia.
In November 2012, AXA backed Diana’s acquisition of Givaudan’s vegetables, wines and vinegars extracts range – the company’s fourth bolt-on since June of that year.
AXA Private Equity originally acquired Diana in 2007, paying €710m to European mid-market buyout firm Cognetas.
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