Acquisition by Groupe Berkem of Givaudan's Industrial Site in Valencia (Spain)
GIVAUDAN SA UNSP/ADR (GVDNY)
NASDAQ:AMEX Investor Relations:
givaudan.com/investors
Company Research
Source: Business Wire
Signature of a definitive agreement concerning the acquisition of Naturex Iberian Partners (Givaudan's industrial site in Valencia, Spain), which should be effective on May 31, 2024The agreement provides for the transfer of production tools and teams, with Givaudan retaining its know-how and its product and customer portfoliosSignificantly strengthens the plant extraction production capacities of Groupe BerkemPostponement of Groupe Berkem’s 2025 profit targets to 2027, in view of investments planned to ensure the ramp-up of industrial facilities BLANQUEFORT, France & VERNIER, Switzerland--(BUSINESS WIRE)--Regulatory News:Groupe Berkem, a leading player in bio-based chemistry (ISIN code: FR00140069V2 - Ticker: ALKEM), today announced the signature of a definitive agreement with Givaudan, world leader in the creation of flavors and fragrances (ISIN code: CH0010645932 - Ticker: GIVN), concerning the acquisition of Naturex Iberian Partners (Givaudan's industrial site in Valencia - Spai
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