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Firmenich has completed the acquisition of Danisco’s Flavor Division, after approval from the relevant authorities. Danisco’s Flavor Division is specialized in natural and nature-identical ingredients for the food, beverage and fragrance industries.
The acquisition, announced on May 3, 2007, at a price of DKK 3.36 billion (approximately CHF 730 million), places Firmenich amongst the top three flavor companies in the world, expanding its product offering and market coverage, particularly in vanilla, ice cream and beverage bases. At the same time, it reinforces its position in citrus, dairy products and natural extracts.