Global ingredients powerhouses, Givaudan and Novozymes have recently formed a strategic research partnership for the development of synergistic innovative ingredients and technologies for customers. The two companies will jointly work on the research and development of innovative sustainable solutions in the areas of food and cleaning.
This new partnership is fully in line with Novozymes’ updated strategy Better Business with Biology and with Givaudan’s 2025 strategic goals to expand its offering to consumers’ brands through innovative and sustainable solutions.
Together, the 2 companies will work on specific projects with the aim to bring to their respective customers a differentiating solution offering. With a significant overlap of end use markets, there is a fundamental belief that the partnership can generate customer value by combining the 2 companies’ capabilities and solutions.
Gilles Andrier, Chief Executive Officer at Givaudan said, “We are very excited to initiate this strategic partnership with Novozymes, a much respected company that has an impressive heritage and research platform in biological solutions. Our purpose of ‘creating for healthier, happier lives with love for nature’ fully aligns with the aspiration of Novozymes for a world with 100% biological products.”
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Givaudan Singapore Pte Ltd