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…

Givaudan completes the acquisition of the nutrition division of Brazil’s Centroflora

SWITZERLAND - Givaudan has announced that it has completed the acquisition of the Nutrition Division of Centroflora Group (Centroflora Nutra), a manufacturer of botanical extracts and dehydrated fruits. Centroflora Nutra is located in Botucatu, Brazil and its acquisition according to Givaudan, forms part of its 2020 strategy to strengthen its presence in Brazil and further…

Givaudan acquires 40.6% of the shares in Naturex for US$648m

SWITZERLAND - Givaudan has announced that it has entered into an agreement to acquire 40.6% of the shares of Naturex, a French public listed company, for US$168 per share and a total consideration of US$648 million. According to the company, this agreement is part of its 2020 strategy to strengthen its capabilities in natural flavour…

Givaudan invests in Active Beauty to reinforce its 2020 strategy

FRANCE – Givaudan has invested in Active Beauty and its metagenomics platform to boost its pioneering position in the microbiome market, as well as reinforce the company’s 2020 strategy commitment towards better services to the customers. According to the company, it remains committed to making strategic investments that will push the boundaries of scientific innovation…