TITLE

Givaudan to Buy ICI's Quest Flavors and Fragrances Unit

AUTHOR(S)
Walsh, Kerri
PUB. DATE
November 2006
SOURCE
Chemical Week;11/29/2006, Vol. 168 Issue 40, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Givaudan Co. to acquire the flavors and fragrances business of ICI Co. Givaudan says it has signed an agreement to buy the flavors and fragrances business of ICI called Quest International for £1.2 billion ($2.4 billion), in a deal that will solidify Givaudan's number-one spot in the global flavors and fragrances market. Givaudan says it expects the deal to yield SF150 million in pre-tax savings, which will be fully realized in three years.
ACCESSION #
23452991

 

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