Givaudan acquires over 40% stake in French natural ingredients firm, Naturex

摘要

Swiss fragrance and flavour firm, Givaudan, plans to launch an open offer for French natural ingredients group, Naturex, after agreeing to buy 40.6% stake in the firm. Naturex is a leading player in plant extraction and the development of natural ingredients and solutions for the food, health and beauty sectors. It reported sales of ?405-mn in 2017 and operates from 16 production sites around the world.