Announced
Completed
Synopsis
Givaudan, a manufacturer and marketer of fragrances and flavors, completed the acquisition of Ungerer, independent specialty ingredient, flavour and fragrance company. Financial terms were not disclosed. “The acquisition of Ungerer fits very well with our long-term strategy for our core business in flavors and fragrances. They have an excellent reputation in the market, thanks to the quality of their specialty ingredients as well as their strong position in the fast-growing local and regional customer segment,” Gilles Andrier, Givaudan CEO.
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