Givaudan has acquired Activ International, which the latter company offers natural and organic flavors, marine extracts, seafood and vegetable based culinary solutions to customers.
With headquarters in Bienne (Switzerland), Activ operates from locations in Somerset (New Jersey, USA), Melaka (Malaysia), Mitry-Mory (Paris, France) and Arequipa (Peru), employing globally 170 employees.
While terms of the deal have not been disclosed, Activ’s business would have represented approximately CHF 40 million of incremental sales to Givaudan’s results in 2016 on a proforma basis.
Givaudan plans to fund the transaction from existing resources.
