31 August 2015
Givaudan's Board members
Givaudan's Executive Committee members
Gilles Drier
Givaudan's CEO
Induchem Holding AG, Volketswil, Switzerland
includes the following companies
* Induchem AG, Volketswil, Switzerland;
* Libragen SAS, Toulouse, France;
* Induchem France SAS Paris, France;
* Induchem Inc., New York, USA.
Founded in 1946, Induchem AG develops and manufactures
ingredients for cosmetic applications
at its headquarters near Zurich, Switzerland.
Induchem’s portfolio of products is based on
a wide range of innovative and highly functional active ingredients
with proven efficacy results.
Its core business also includes carrier systems and
other formulation ingredients such as
exfoliants, polymers, and additives.
Its professional expertise and access to the latest technologies
make Induchem a preferred partner
for active ingredients and innovative solutions
for major players in the cosmetics industry.
Libragen, which is a subsidiary of Induchem and
thus part of the transaction, is a French biotech company
successfully involved in the cosmetic chemical sciences
by carrying out research
for the discovery and development of innovative and efficient
active cosmetic ingredients (ACIs) in four key areas of expertise
that are
* bio catalysis,
* fermentation,
* glucosylation and
* phosphorylation.
More information can be found at www.induchem.com.
DETAILS
today announced that it has acquired 100% of the shares of
Induchem Holding AG and its subsidiaries.
Induchem’s portfolio of products
is based on a wide range of innovative and highly
functional active ingredients with proven efficacy results,
as well as research expertise in fields such as
biocatalysis, metagenomics, and biochemical synthesis.
Induchem primarily operates from
Volketswil, Switzerland, Toulouse, France and
New York, USA, and employs 65 people.
Gilles Andrier,
CEO of Givaudan,
“Induchem is a second key step,
after the acquisition of Soliance,
towards our ambition to make
Givaudan a significant player
in the Active Cosmetic Business.
Induchem brings strong complementary capabilities
to Givaudan and will greatly contribute
in achieving our 2020 ambition to
become a key player in this fast growing business.
We are delighted to welcome Induchem’s employees
to Givaudan; our high cultural fit
will contribute greatly to a successful integration.”
For further information, please contact:
Peter Wullschleger,
Givaudan Media and Investor Relations
Chemin de la Parfumerie 5
1214 Vernier
Switzerland
T +41 22 780 9093
E peter_b.wullschleger@givaudan.com
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