Givaudan records a strong start to the year with 4.3% sales increase in flavors

SWITZERLAND – The Swiss flavors and fragrances company, Givaudan has recorded sales of US$1.52 million, a 6.3% increase compared to the previous year boosted by the flavors division. In the first three months of 2019, good growth was achieved across all product segments and geographies while the flavors division reported an increase of 4.3%. The…

Givaudan funds University of California to enhance citrus biodiversity and research

USA – The global flavors and fragrances company, Givaudan and the University of California, Riverside (UCR) have strengthened their long-term collaboration which looks to enhance citrus biodiversity and research. Givaudan has donated US$3.5 million to the UCR to support its Citrus Variety Collection, one of the world’s most extensive citrus diversity collections for future research,…

Givaudan partners Israeli incubator The Kitchen to drive food innovation

ISRAEL – World’s leading flavor and fragrances company, Givaudan has partnered with the Israeli-based technology incubator owned by the Strauss Group, to accelerate innovation in the food sector. According to Givaudan, the partnership will enable expand its innovation ecosystem further by connecting with Israel-based food entrepreneurs who are contributing to the creation of healthier and…

Givaudan opens US$59.8m flavours manufacturing facility in India

INDIA – World flavors and fragrances company, Givaudan has inaugurated a new flavours manufacturing facility valued at US$59.8 million in Pune, India as it expands its capabilities in the country. The investment, which is also the company’s largest in India supports its growth ambitions in Asia Pacific, a high growth market where increasing consumer demand…

Givaudan, Nestle, Buhler form Future Food Initiative to check food trends

SWITZERLAND – World food companies Givaudan, Nestle and Buhler have launched the Future Food Initiative to accelerate research in the development of on-trend, nutritious and sustainable food products. The co-founders will promote joint research in collaboration with Swiss universities in a bid to develop sustainable food as well as packaging solutions in the food and…

Givaudan delivers 5.6% rise in sales in 2018 as Naturex integration continues

SWITZERLAND – Givaudan’s 2018 sales increased to US$5.54 billion, a 5.6% increase from the previous year as the company continues with the integration of Naturex, a botanicals company it acquired in September 2018. Net income decreased to US$668 million from US$725 million in 2017 while financing costs increased as a result of the debt burden…

Givaudan opens digital factory in France to accelerate innovation

FRANCE – The global flavors and fragrances giant, Givaudan has inaugurated a new digital factory in Paris, France to cope up with future consumer trends and drive innovation. The factory offers a digital transformation platform with a goal to drive innovation in flavors and fragrances. The Digital Factory is a place to inspire, ideate, and…

Givaudan opens new US$1.2m flavour commercial center in Morocco

MOROCCO – Givaudan, a leading flavour and fragrance company, has commissioned a new Flavours technical and commercial centre in Morocco, an investment valued at US$1.22 million. The investment is part of Givaudan’s growth plan in tandem with its high growth markets strategy and demonstrates its ongoing commitment to the Maghreb and West Africa regions. Louie…

Danone, Mars, Ingredion join Givaudan’s new food innovation platform

SWITZERLAND – Global flavors and fragrances leader, Givaudan has launched MISTA, a new innovation platform for the food industry and has received backing from Danone, Mars Inc and Ingredion as its founding members. MISTA is an accelerator and incubator programme that enables start-ups and established corporations to optimise ideas, products, people and investments in the…

Givaudan completes acquisition of 40.5% stake in Naturex

SWITZERLAND - Givaudan has completed the acquisition of 40.5% stake in Naturex, a French manufacturer of natural specialty ingredients for the food industry for US$648m. As announced in March this year, Givaudan has confirmed the intention to launch a mandatory cash tender offer for all remaining outstanding shares of Naturex, at a price of US$168…