Givaudan, the world’s leading flavours and fragrances company, has announced the renaming of its Flavour and Fragrance division to 2 separated divisions, as this will reflect clearly its expanded and more diversified product offering to its customers.
With immediate effect, its Flavour Division will become ‘Taste & Wellbeing’, highlighting its global leadership position in flavour and taste, while signalling the expansion of the business into adjacent spaces. The Fragrance Division will become ‘Fragrance & Beauty’ highlighting its global leadership in Fragrances whilst signalling the expansion into Beauty.
Louie D’Amico, President Taste & Wellbeing said, “Over the past 5 years, we have expanded our portfolio in a significant way, complementing our industry-leading flavour and taste capabilities with an outstanding offer of natural functional and nutritional solutions. The new name captures this expanded portfolio and the value we bring to customers by going beyond great taste, to create more complete future-facing food experiences.”
The new names are also aligned with the divisions’ 2025 strategic ambitions to shape the future of food, fragrances, and beauty by becoming the innovation and co-creation partner of choice to its customers.
For the financial year 2019, Givaudan reported revenue of CHF 6.2 billion (US$6.8 billion).
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Givaudan Singapore Pte Ltd
