- advertising -
Generic selectors
Exact match only
Search in title
Search in content
Post Type Selectors
Filter by category
News
Experts' opinions
Sponsored content
Formulation
Ingredients
Media kit
The magazine
Software
Management
Make-up
We tested for you
Packaging
Fragrances
Industrial processes
Regulations
CSR

Berkem acquires Naturex Iberian Partners from Givaudan

A leading player in plant-based chemistry, Groupe Berkem has announced the signature of a definitive agreement with Givaudan, a world specialist in the creation of flavors and fragrances, concerning the acquisition of Naturex Iberian Partners, Givaudan's industrial site in Valencia, Spain.

"We are delighted to welcome the teams from our Valencia (Spain) site to our Group, and to benefit from their proven expertise in plant extraction, reinforcing the value proposition of our "Health, Beauty and Nutrition" business unit. This new, structuring acquisition will enable us to pursue the internationalization drive begun last year with our move into North America. The site we are acquiring, on which we plan to make substantial investments, should enable us to strengthen our industrial facilities dedicated to plant extraction and significantly increase our production capacity to meet the growing demand from manufacturers for sustainable solutions", said Olivier Fahy, Chairman and CEO of Groupe Berkem.

"We are convinced that today's agreement opens up new prospects for the Valencia (Spain) industrial site and its teams. We are also delighted with the long-term partnership with the Berkem Group, which will enable us to continue producing marine ingredients at the site to serve our customers for years to come. Our teams will now work hand in hand to ensure a smooth transition, guaranteeing continuity of operations and quality of service", added Alex Wild, Head Operations Taste & Wellbeing at Givaudan.

The acquisition of Naturex Iberian Partners is expected to be effective on May 31, 2024. The agreement provides for the transfer of production tools and teams, with Givaudan retaining its know-how and its product and customer portfolios. 

Photo: Markus Trier / Pixabay

External resources
Website

Sponsored content

site-industries-cosmetiques A concentrated individual in a lab coat examining a small jar containing a pink substance, a pioneering cosmetic innovation using natural ingredients in Brittany.

Cosmetics innovation comes naturally in Bretagne

In north-west France, Bretagne has always been a seawardlooking region with its 2,730km coastline - the longest in the country.

Related articles

Our last issue

Listen to us!

Newsletter

en_USEnglish