Givaudan, a Swiss multinational manufacturer of flavours, fragrances and active cosmetic ingredients opened its new fragrance production facility in Changzhou, China. China remains a key growth market for innovative and consumer-preferred fragranced products for Givaudan which is in line with the recently announced 2025 strategy. The Changzhou production facility, costing more than CHF 100 million … Read more
Givaudan, the global leader in fragrances and flavours, announced the completion of the acquisition of Ungerer & Company, the US based Flavour, Fragrance and Specialty Ingredients company. Givaudan had announced that it had reached an agreement to acquire the company in November 2019. Gilles Andrier, Givaudan’s CEO said, “Acquiring Ungerer fits very well with our … Read more
Givaudan, the global leader in flavours and fragrances, announced that it is to acquire Drom to further extend its leadership in the global Fragrance market. While terms of the deal have not been disclosed, Drom’s business would have represented approximately EUR 110 million ($122.5 million) of incremental sales to Givaudan’s results in 2018 on a … Read more