GIVAUDAN ACQUIRE ALDERYS

Alderys develops innovative approaches to the micro-organic biological engineering of profitable chemical compounds from renewable plant resources.

Maurizio Volpi, President of Givaudan’s Fragrance Division said: “The acquisition of Alderys aligns with our long term strategy for Active Beauty and more specifically, their expertise in biotechnology is fully complementary to our Fragrance and Active Beauty businesses. It will allow us to expand our portfolio of natural and biosourced products, thanks to their strong research and development bio-engineering platform. It will be an additional tool to drive our future development and innovation in the active cosmetic ingredients space and beyond. It will also reinforce Givaudan’s capabilities to support our customers in developing sustainable, performant and safe products.” Continue reading

GIVAUDAN ACQUIRE INDENA

Swiss fragrance and flavors supplier Givaudan said Tuesday it has reached an agreement to acquire the cosmetics business of Italian company Indena.

Headquartered in Milan, Indena is specialized in the identification, development and production of high-quality active ingredients derived from plants, to be used in the pharmaceutical, health food and personal-care industries. Backed up by almost a century of botanical experience, the company counts four manufacturing locations employing around 800 people, sales activities in more than 80 countries and holds more than 100 primary patents.

According to Maurizio Volpi, president of Givaudan’s fragrance division, this operation will be strategic for the company as Indena has “an excellent reputation in the market, thanks to the quality of their ingredients, their strong focus on innovation as well as the mastering of their supply chain. Continue reading