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INDUSTRY NEWS
Givaudan to acquire FIS, flavor unit of Nestlé
Givaudan SA, Vernier, Switzerland, signed an agreement with Nestlé SA, Vevey, Switzerland, to acquire its flavor activities, operating under the umbrella of Food Ingredients Specialities (FIS).

The acquisition combines Givaudan’s strength in sweet and concentrated flavors with FIS’s expertise in savory flavors and base notes. With this combination, Givaudan will be able to provide state-of-the-art flavor solutions and innovative savory co…