In Brief: Givaudan-Roure
This article was originally published in The Rose Sheet
Executive Summary
Givaudan-Roure: To acquire flavor supplier Tastemaker, a business jointly owned by Mallinckrodt Group and Hercules, the companies announced Feb. 4. The deal will allow Givaudan-Roure to expand "capabilities in all major food and beverage segments" and "provide better access to technologies" while increasing its geographic presence, the Roche subsidiary said. The deal is consistent with Givaudan-Roure's strategy to concentrate on its core business of flavors and fragrances. Tastemaker operates in three U.S. locations and 20 international markets...