Strengthens specialty ingredient capabilities and leadership in the growing local and regional customer segment.
Givaudan has completed the acquisition of Ungerer & Company, the US-based flavour, fragrance and specialty ingredients company.
Headquartered in New Jersey, Ungerer has been operating in the flavour and fragrance specialty ingredients business, particularly in essential oils, which provides a palette of predominantly natural ingredients for flavour and fragrance creations, as well as for end customers of such specialties. Ungerer also has a local and regional presence for both flavours and fragrances in North America. Founded more than 125 years ago, Ungerer has developed a market position in all segments and reputation with its customer base. With presence in more than 60 countries, a total of eight manufacturing facilities and six R&D centres, Ungerer’s capabilities will further extend Givaudan’s position in its core flavour and fragrance activities.
Gilles Andrier, CEO of Givaudan, commented: “Acquiring Ungerer fits very well with our long-term strategy for our core business in flavours 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.
“We have great respect for the company, and are they confident that the acquisition will further enhance our industry leadership, both through the vertical integration into key specialty ingredients for our flavour and fragrance creations, as well as in asserting our leadership with local and regional customers.”
