Givaudan completes partial Naturex acquisition

11 Jun 2018
Givaudan completes partial Naturex acquisition

Givaudan has announced that it has successfully completed the acquisition of 40.5% of the shares of Naturex for €135 per share and a total consideration of €522 million.

Givaudan also confirmed its intention to proceed to launch a mandatory cash tender offer for all remaining outstanding shares of Naturex, at a price of €135 per share. The Board of Directors and Management of Naturex are said to be fully supportive of the transaction.

Find out more about Naturex

Related news

Kerry Taste & Nutrition business grows 4.1%

Kerry Taste & Nutrition business grows 4.1%

10 Aug 2018

Kerry Group has issued its Interim Management Report for the half year ended 30 June 2018, reporting a “solid” underlying business performance. Adjusted EPS in constant currency was up 9.0% to 144.2 cents.

Read more 
94.6% of Frutarom shareholders support IFF deal

94.6% of Frutarom shareholders support IFF deal

9 Aug 2018

IFF and Frutarom have announced that Frutarom shareholders voted to approve the proposed combination of Frutarom and IFF at the special general meeting of Frutarom shareholders.

Read more 
Firmenich partners on AI to support innovation

Firmenich partners on AI to support innovation

9 Aug 2018

Firmenich has announced the inauguration of its Digital Lab – D-Lab – in partnership with the Ecole polytechnique fédérale de Lausanne (EPFL), an institution for science and technology.

Read more 
IAL: flavours, fragrances market will grow 4.9%/year

IAL: flavours, fragrances market will grow 4.9%/year

8 Aug 2018

IAL Consultants has published the eleventh edition of its report on the global markets for Flavours & Fragrances, which saw 4.6% growth last year and i forecast to grow by 4.9%/year through 2022.

Read more 
Energy drink makers turn to botanicals for a more natural buzz

Energy drink makers turn to botanicals for a more natural buzz

6 Aug 2018

Energy drink manufacturers increasingly are looking to natural ingredients to capture market segments that have previously been overlooked, such as women and older consumers.

Read more 
Ingredion CEO looks for across-the-board improvement

Ingredion CEO looks for across-the-board improvement

6 Aug 2018

Ingredion has reported its second quarter 2018 results. Reported and adjusted EPS were $1.57 and $1.66, down from second quarter 2017 reported and adjusted EPS of $1.78 and $1.89, respectively.

Read more 
Fi South America is only two weeks away

Fi South America is only two weeks away

6 Aug 2018

Fi South America takes place from 21-23 August 2018 at the Transamerica Expo Center in São Paulo, Brazil, welcoming 9,000+ industry professionals, and 700+ suppliers.

Read more 
Sourdough on the rise with trend for fermented foods

Sourdough on the rise with trend for fermented foods

3 Aug 2018

Traditional sourdough cultures are making a comeback, and ingredients companies are investing in them for commercial use, as well as fast-track solutions to make these sometimes fussy ingredients easier for large-scale bakers to manage.

Read more 
Südzucker, DouxMatok partner on sugar reduction

Südzucker, DouxMatok partner on sugar reduction

3 Aug 2018

Sugar company Südzucker and DouxMatok, a developer of targeted flavour delivery technology, have announced a partnership to commercialise DouxMatok's sugar reduction solution.

Read more 
DSM reports very good first half

DSM reports "very good" first half

3 Aug 2018

DSM has reported what it describes as a very good H1 with strong performance across all businesses and strong organic sales growth in underlying business estimated at 10%.

Read more