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USA – Motif Ingredients, a food science and technology company owned by biotech unicorn Ginkgo Bioworks has been selected as one of the 20 start-ups to partner with MISTA, Givaudan’s new innovative platform. MISTA is an accelerator and incubator programme launched in 2018 to enable start-ups and established corporations to optimise ideas, products, people and…
VIETNAM – Swiss flavors and fragrances company, Givaudan has announced that it has agreed to acquire Golden Frog, a Vietnamese company owned flavor house for an undisclosed sum. The acquisition is part of the company’s 2020 strategy to strengthen its naturals capabilities and its presence in the high growth markets of Asia Pacific. Established in…
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…
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,…
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…
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…
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…
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…
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…
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…