The leading flavours and fragrance company Givaudan announced to acquire biotechnology company Alderys, based in Orsay, France. Alderys projects aimed at the chemical and cosmetic industry sectors as well as nutrition.
- Alderys was founded in 2009, in Orsay, France, and employing 30 people.
Alderys develops innovative approaches to the biological engineering of valuable compounds from renewable feedstock.
- They are recognised for offering innovative technological industrial solutions with high sustainability standards.
- The deal will provide additional tool to Givaudan to drive development and innovation in the active cosmetic ingredients space and beyond
In April 2020, In response to the growing demand for hand sanitizer to limit the spread of coronavirus (COVID-19), Givaudan, the global leader in flavours and fragrances, has set up a dedicated production line in Switzerland (Vernier site), and will be donating over 60 tonnes (equivalent to 700,000 bottles) over the next two weeks.
In February 2020, Givaudan, announced that it had completed 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.
In November 2019, Givaudan, officially inaugurated a new extension to its Nantong manufacturing facility aimed to support the capacity on liquid flavour production for beverages, dairy and sweet goods. This move will double the Companys flavour production capacity in China.
Givaudan, headquartered in Vernier, Switzerland, is a global leader in the creation of flavours and fragrances. The company has presence in more than 145 locations, the Company has approximately 13,600 employees worldwide. The company develops tastes and scents in close collaboration with food, beverage, consumer product and fragrance partners, to delight consumers across the world.