GIVAUDAN INTERNATIONAL AG

Givaudan's flavours and fragrances are usually custom-made and sold under confidentiality agreements. Givaudan uses ScentTrek, a technology that captures the chemical makeup of smell from living plants. The company has locations in Europe, Africa and the Middle East, North America, Latin America and Asia Pacific. In 2024, Givaudan had sales of 7. 4 billion. It is one of Switzerland's 30 biggest listed companies in terms of market capitalization. The company’s purpose of ‘Creating for happier, healthier lives with love for nature. Let’s imagine together’ is focused in four domains: creations, nature, people and communities. The company's ambitions include doubling its business through creations that contribute to happier, healthier lives by 2030, becoming climate positive before 2050, becoming a leading employer for inclusion before 2025 and sourcing all materials and services in a way that protects the environment and people by 2030. Givaudan’s purpose goal areas are in line with its strategy and ambitions for 2025. From its historic roots in in 1768 to the acquisition of Custom Essence in 2021, Givaudan has pursued a historic policy of invention and acquisition. The company was founded as a perfumery company in 1895 in Lyon, France by Leon and Xavier Givaudan. In 1898, Givaudan moved to and constructed a factory in. In 1946, Givaudan opened a perfumery school, which trained a third of the world's creative perfumers. In 1948 the company acquired Ersolko SA, which transitioned Givaudan also into the flavor industry. In 1963, Givaudan was acquired by and in 1964, Roche acquired one of Givaudan's competitors,. Roure was founded in , France during 1820. In 1937 Roure created the first designer perfume: Shocking for Schiaparelli. Givaudan's original United States fragrance headquarters, in Teaneck, New Jersey, was built in 1972 from a design by Der Scutt, architect of the Trump Tower. The company later moved to. In 1991 Givaudan and Roure were merged to form Givaudan-Roure. Also in 1991, the company bought Fritzsche, Dodge and Olcott. VX) where it is part of the , and. In 2002 Givaudan acquired FIS, the flavors division of , for which Nestle received a 10% stake in the company. In 2004 the company expanded its operations in China, which had been in place since the 1990s. The merger deal closed on 2 March 2007. By 2014 the company had about US$4. That year, the company had its first acquisition since Quest, purchasing Soliance. It also launched the Givaudan Foundation, and has a programme that works with patchouli and other grower collection networks to establish sustainable development practices, called the Innovative Naturals programme. On March 7, 2023, Givaudan confirmed that it was the target of an industry-wide investigation by European and Swiss authorities. Investigators were looking into a possible cartel in the supply of fragrances and fragrance ingredients. Companies face fines as much as 10% of their global turnover for violating EU antitrust rules. On July 10, 1976, the accident, Italy's worst ecological disaster, released a toxic cloud into the atmosphere. Italy's highest court awarded moral damages to the residents for anxiety incurred. Givaudan, the parent company of ICMESA paid EUR103. 9 million (US$90. 3 million) in cleanup costs and compensation to those who suffered physical injuries as a result of the incident. 1. Chadderdon, Lisa. , , March 1998. Accessed 22 August 2007. "In fact, more than 30% of the world's fine perfumes for women can be traced to Givaudan Roure - and to an inconspicuous brick building set back from the street in suburban Teaneck, New Jersey. Inside the building, designed by Der Scutt (architect of the Trump Tower) and constructed in 1972, is an environment that fosters creativity. "

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*[v]: View this template *[t]: Discuss this template *[e]: Edit this template. The Company has two business divisions: Fragrances and Flavors. The Company also engages in research and development activities into perfumery raw materials, both synthetic and natural. It operates through Induchem Holding AG and Activ International, among others. All content on FT. com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. Any information that you receive via FT. com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. *[FT]: Financial Times