Givaudan Group takes control of Naturex

In a press release dated 7 August 2018, Naturex announced that Givaudan Group, world leader in the creation of flavors and fragrances which had acquired on June 4, 2018 from the reference shareholders 40.5% of the capital of Naturex, now holds directly and indirectly 97.24% of the share capital based on the total number of shares after 5, 433,829 Naturex shares were received on deposit following the tender offer initiated on Naturex shares by Givaudan and open between June 28 and August 1, 2018. The offer is now reopened from August 8th to September 3rd, 2018 inclusive, under the same conditions as the initial period, after which Givaudan will proceed with a squeeze-out and the delisting of Naturex shares from the Euronext Paris stock exchange. 

Naturex sources, manufactures and markets natural speciality ingredients for the food, health and cosmetic industries. As the Natural Maker, the company actively supports the global shift from synthetic to natural through an offer built on two main focus areas: My Natural Food and My Natural Selfcare. Naturex's portfolio includes colours, antioxidants, speciality fruits & vegetables, phytoactives, and numerous other plant-based natural ingredients, designed to create healthy, authentic and effective products. This includes spray dried tomato powder, for the production of which in Burgdorf in Swtizerland the company purchases about 4,000 tonnes of tomato paste annually, and lycopene and other tomato extracts.

Headquartered in Avignon, France, Naturex has experienced steadily-increasing growth throughout the last 25 years. The Group employs 1,700 people worldwide and in 2017 had revenue of €404.9 million.

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