Givaudan to acquire flavour, fragance and specialty ingredients company Ungerer
As part of its 2020 strategy to expand the capabilities of its global flavour and fragrance business, Givaudan has reached an agreement to acquire Ungerer & Company, the U.S. based flavour, fragrance and specialty ingredients company.
Ungerer is a leading independent company in the flavour and fragrance specialty ingredients business, most notably in essential oils, which provides a rich palette of predominantly natural ingredients for flavour and fragrance creation, as well as for end customers of such specialties.
Founded more than 125 years ago
The company also has a local and regional customer presence for both flavours and fragrances in North America. Founded more than 125 years ago, Ungerer has developed a strong market position in all segments with a presence in more than 60 countries, a total of eight manufacturing facilities, six R&D centres, and 650 employees.
Gilles Andrier, Givaudan’s CEO said: “The acquisition of 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 very 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. We look forward to welcoming the Ungerer employees to the Givaudan family.”