As part of its 2020 strategy to expand the capabilities of its global flavor and fragrance business, Givaudan has announced that it has reached an agreement to acquire Ungerer & Co., the U.S.-based flavor, fragrance, and specialty ingredients company. Headquartered in New Jersey, Ungerer is an independent company in the flavor and fragrance specialty ingredients business, most notably in essential oils, which provides a rich palette of predominantly natural ingredients for flavor and fragrance creation, as well as for end customers of such specialties.

Founded more than 125 years ago, Ungerer has developed a strong market position in all segments and a high-quality reputation with its customer base. With a presence in more than 60 countries, a total of eight manufacturing facilities, and six R&D centers, Ungerer’s capabilities and its 650 employees will further extend Givaudan’s market leadership in its core flavor and fragrance activities.

“The acquisition of Ungerer fits very well with our long-term strategy for our core business in flavors and fragrances,” said Gilles Andrier, Givaudan’s CEO. “They have an excellent reputation in the market, thanks to the quality of their specialty ingredients as well as their strong position in the fast growing local and regional customer segment. We have great respect for the company and are very confident that the acquisition will further enhance our industry leadership, both through the vertical integration into key specialty ingredients for our flavor and fragrance creations, as well as in asserting our leadership with local and regional customers. We look forward to welcoming the Ungerer employees to the Givaudan family.”

The terms of the deal have not been disclosed and Givaudan plans to fund the transaction through the issuance of debt. The transaction is expected to close in the first quarter of 2020.

Press release

In This Article

  1. Mergers and Acquisitions

More News right arrow

18% of U.S. adolescents are prediabetic

A new U.S. Centers for Disease Control and Prevention (CDC) study suggests that nearly one in five (18%) American adolescents aged 12–18 and one in four (24%) young adults aged 19–34 are living with prediabetes.

Americans crave snackable nutrition

As competition for the U.S. snacking dollar intensifies, pressure is mounting on the salty snacks category to adapt and diversify in order to maintain its relevance. New product development (NPD) is already reflecting the industry’s push toward added value in both nutrition and taste.

Nestlé, University of California partner to research the microbiome; implements Nutri-Score on labels in Europe

To further increase the understanding of the microbiome’s impact on human health and to accelerate the development of innovative nutritional solutions promoting health and wellbeing, Nestlé has entered into a partnership with the University of California San Diego Center for Microbiome Innovation (CMI).

Sugar binges may increase risk of inflammatory bowel disease

Short-term increases in sugar consumption could increase the risk of inflammatory bowel disease and have a significant impact on our health, a new study out of the University of Alberta (U of A) suggests.

Obesity rates fall for children enrolled in U.S. food assistance program

In a new study, 41 states and territories show declines in obesity among young children from families enrolled in the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) between 2010 and 2016, according to data published in U.S. Centers for Disease Control and Prevention’s (CDC) Morbidity and Mortality Weekly Report.

IFT Weekly Newsletter

Rich in industry news and highlights, the Weekly Newsletter delivers the goods in to your inbox every Wednesday.

Subscribe for free