Givaudan has closed the acquisition of Spicetec Flavors & Seasonings from ConAgra Foods for US$340 million.
Spicetec offers flavors, spices and savory seasoning solutions to customers in North America and operates from locations in Omaha, Nebraska, Carol Stream, Illinois and Cranbury, New Jersey.
“The Spicetec product portfolio and capabilities are very complimentary to Givaudan’s and will help us quickly expand our integrated savory solutions,” says Givaudan CEO Gilles Andrier.