Firmenich to acquire minority stake in French-based flavor company Robertet

SWITZERLAND – Leading flavors and fragrance company, Firmenich has secured a deal to acquire 17% stake in French based flavor firm Robertet. The swiss company reached the agreement with First Eagle Investment Management to acquire the stake held by its advisory clients in Robertet at a price of €683.30 per security. Robertet produces a wide range of flavours for customers in the food industry, and operates 15 manufacturing sites around the world. Commenting on the deal, Patrick Firmenich, Chairman of the Board of Firmenich said, “Firmenich has the greatest respect…

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Firmenich opens expanded facility in Turkey as it celebrates 30 years

TURKEY – Swiss flavors and fragrances company, Firmenich has unveiled a new and expanded facility in Istanbul Turkey as it celebrates 30 years of growth and innovation in the country. With a focus on innovation and speed-to-market, the facility will serve Firmenich’s customers in Turkey as well as Europe and the Middle East. It features state-of-the-art laboratories to drive innovation and research in food and flavors applications. The facility is designed according to the WELL Building Standard™, the global benchmark for employee wellbeing in the workplace. “Following three decades of…

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Firmenich acquires minority stake in Chinese flavor company ArtSci

CHINA – Leading flavors and fragrances company, Firmenich has acquired an undisclosed minority stake in Chinese food flavors and ingredients company, ArtSci Biology Technologies (Hangzhou) Co., Ltd (“ArtSci”). The partnership expands Firmenich’s reach in Central and Western China market where ArtSci has a strong distribution network. The deal builds on the firm’s growth strategy in China, where it has been investing in capacity expansions to meet the growing demand for innovative food and beverage solutions. “Firmenich has great ambitions in China, as evidenced by our recent strategic investments,” said Gilbert…

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Firmenich buys majority stake in VKL Seasoning to expand reach in India

INDIA – Swiss company, Firmenich has acquired a majority stake in India’s leading seasonings and flavors producer, VKL Seasoning from private equity company True North. According to Firmenich, the deal whose transaction details have not been disclosed, expands its capabilities and customer reach in India, the group’s key growth market. VKL Seasoning was founded in 1996 and makes and distributes food seasoning and flavors in domestic and export markets, serving the quick service restaurants (QSR) and the processed food industry. Its portfolio includes sauses, dressings, batter, bread topping and seasonings.…

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Firmenich launches new flavour plant in South Africa to grow continent’s footprint

SOUTH AFRICA – Firmenich, a Swiss flavors and fragrance company, has inaugurated a new state-of-the-art flavors plant in South Africa as it seeks to expand its business across East and Sub-Saharan Africa. The company said that the new plant will help to support its customer’s growth ambitions by drastically improving on delivery lead times of the products. “With this world-class production and creation facility, we are proud to be offering our local customers the latest taste and nutrition innovations, delivered faster with the highest quality and service,” the company noted…

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Firmenich opens its largest flavors plant in China to meet customer demand

CHINA – The Swiss flavors and fragrances company, Firmenich has inaugurated what it says to be its largest flavor manufacturing plant in the world in the Zhangjiagang Free Trade Zone in China. The company said the facility operates with digitally-advanced manufacturing systems and the highest Quality, Health, Safety, Security and Environmental standards. According to Firmenich, the state-of-art plant is designed to best meet growing customer demand in China, with increased speed, operational excellence and traceability. This is part of the move by the company to meet increasing consumer demand for…

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Firmenich opens new taste creation facility in Manila, the Philippines

ASIA – The Swiss flavors and fragrances company, Firmenich has opened a new, state-of-the-art taste creation facility in Bonifacio Global City, in Manila, the Philippines, growing its tasting capabilities in South East Asia. Firmenich said the new facility works to address key global challenges such as health & nutrition or climate change and helps create value for its customers, consumers and society. “Staying at the forefront of creativity and innovation is paramount for us to be the Taste and Nutrition partner of choice,” said Gilbert Ghostine, CEO, Firmenich. “We have…

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Firmenich to acquire the US taste innovation and biotechnology firm Senomyx

SWITZERLAND – The Swiss fragrance and flavour solutions company Firmenich has reached an agreement to acquire Senomyx Inc., an American based flavours and taste firm with the deal expected to close in the fourth quarter of 2018. The merger agreement as approved by the boards of directors of both companies allows Firmenich to acquire   the merger agreement, Firmenich will acquire all of the outstanding common stock of Senomyx for $1.50 per share in cash. According to Firmenich, this builds on their long-term partnership in taste and nutrition with Senomyx, a…

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Firmenich enters strategic agreement to acquire Layn Natural Ingredients

SWITZERLAND – Firmenich, a private Swiss company in the fragrance and flavor business, has entered a strategic agreement with Layn Natural Ingredients, a leader in premium, plant-based sweeteners, flavors and botanicals. According to the company, this agreement will give it exclusive access to the widest range of natural sweeteners and taste modulation extracts in the industry, advancing its leadership in taste. Based in Guangxi, China, with direct access to the country’s most pristine botanicals, Layn uses state-of-the-art extraction technologies to produce a range of natural sweeteners and extracts, such as…

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Firmenich successfully completes registration for transparent ingredients

SWITZERLAND – Firmenich, a private Swiss company in the fragrance and flavor business, has announced a successful completion of registration of chemical substances as part of the European Union’s REACH regulation. The company stated that the registration was designed to improve the protection of human health and the environment, and that REACH is a major European chemical law, standing for Registration, Evaluation, Authorization and Restriction of Chemicals. Adopted in 2007, REACH transfers the primary burden of proof to demonstrate the safety of chemical substances from regulatory authorities to individual companies…

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