industry flavors and fragrance founded 1895 headquarters vernier switzerland key people gilles andrier ceo 1 products flavors and fragrances revenue chf 4.4 billion 2015 number of employees 9 907 2015 2 website www.givaudan.com givaudan pronounced ivod is a swiss manufacturer of flavors fragrances and active cosmetic ingredients . as of 2008 it is the world s largest company in the flavor and fragrance industries . 3 contents 1 overview 2 history 3 givaudan roure 4 2000s 5 givaudan and the environment 6 notes and references 7 external links overview edit the company s scents and flavors are developed for food and beverage makers and also used in household goods as well as grooming and personal care products and perfumes . givaudan s flavors and fragrances are usually custom made and sold under confidentiality agreements . 4 givaudan uses scenttrek a technology that captures the chemical makeup of smell from living plants . 5 the company has locations in europe africa and the middle east north america latin america as well as asia pacific . 6 in 2014 givaudan had sales of chf 4 4 billion with an overall market share of 25 % . it is one of switzerland s 30 biggest listed companies in terms of market capitalization . in 2014 10 % of its sales were reinvested in r & d. 7 history edit givaudan was founded as a perfumery company in 1895 in zurich switzerland by leon and xavier givaudan although some parts of the modern company date back as far as 1796 . in 1898 givaudan moved to geneva switzerland and constructed a factory in vernier . 8 9 10 in 1946 givaudan opened a perfumery school which trained a third of the world s creative perfumers . in 1948 the company acquired ersolko sa which transitioned givaudan also into the flavor industry . 11 in 1963 givaudan was acquired by roche and in 1964 roche acquired one of givaudan s competitors roure . roure was founded in grasse france during 1820 . in 1937 roure created the first designer perfume schocking for schiaparelli . 12 13 givaudan s original united states fragrance headquarters in teaneck new jersey was built in 1972 from a design by der scutt architect of the trump tower . 14 the company later moved to east hanover nj . 15 givaudan roure edit in 1991 givaudan and roure were merged to form givaudan roure . 16 also in 1991 the company bought fritzsche dodge and olcott . 11 in 1997 givaudan roure acquired another flavor company tastemaker based in cincinnati usa . the merger made givaudan the largest flavor company in the world . 11 in 2000 givaudan roure was spun off by its parent company as givaudan and listed on the swiss stock exchange code givn.vx where it is part of the sli . 16 2000s edit in 2002 givaudan acquired fis the flavors division of nestle 17 for which nestle received a 10 % stake in the company . 18 the following year givaudan purchased the cheese flavor company ibf . 11 in 2004 the company expanded its operations in china which had been in place since the 1990s . 19 on 22 november 2006 givaudan announced the acquisition of quest international to be completed q1 2007 . 20 21 on 21 february 2007 the eu approved the merger of givaudan and quest clearing the final regulatory hurdle for the merger after the united states authorities approved the merger earlier in the month . 22 the merger deal closed on 2 march 2007 . the acquisition makes givaudan the global leader in both fine fragrances and consumer products ; it was already the global leader in flavors and the acquisition of quest international strengthens their position . 23 the acquisition of quest boosted givaudan s sales by 42 % from chf 2 909 million in 2006 to chf 4 132 million in 2007 . 24 in 2013 nestle sold its share in givaudan for 1.3 billion . 18 by 2014 the company had about 4.6 usd billion in revenues . that year the company had its first acquisition since quest purchasing soliance . givaudan also released the tastesolutions richness line of flavors . it also launched the givaudan foundation and has a program that works with patchouli and other grower collection networks to establish sustainable development practices called the innovative naturals program . 25 26 27 28 29 30 givaudan and the environment edit on july 10 1976 the seveso disaster italy s worst ecological disaster released a toxic cloud into the atmosphere . italy s highest court awarded moral damages to the residents for anxiety incurred . givaudan the parent company of icmesa paid eur103 .9 million us 90.3 million in cleanup costs and compensation to those who suffered physical injuries as a result of the incident . 31 in the 2000s givaudan partnered with local communities in guam where the local crop of gum is used as an export business . the partnership supports sustainability efforts in the trade of benzoin . these efforts included the building of two secondary schools in the region to institute formal education for the children of the region . they also work with the local communities on forest preservation . 32 notes and references edit givaudan engage your senses . givaudan.com . https www.givaudan.com investors online annual report financial performance highlights destination investors online annual report flavor & fragrance industry top 10 . leffingwell.com . katchadourian raffi 2009 . the taste makers . the new yorker . cond nast 23 november 86 99 . the ecotourism extraction nexus . google.ca . http www.givaudan.com files annual report 2013enpdf corporate publications pdf . givaudan.com . wolfgang legrum 2015 . riechstoffe zwischen gestank und duft vorkommen eigenschaften und anwendung von riechstoffen und deren gemischen . springer verlag . p. 209 . retrieved april 22 2015 . leading sensory innovation . 104 . chemical engineering progress . 2008 . p. 77 . retrieved april 22 2015 . thom votteler 2001 . international directory of company histories volume 43 . st. james press . p. 192 . retrieved april 22 2015 . a b c d chris rowley ; jayantee saha ; david ang 2011 . succeed or sink business sustainability under globalisation . elsevier . p. 72 . retrieved april 22 2015 . bruno ziglioli 2010 . la mina vagante . il disastro di seveso e la solidariet nazionale in italian . francoangeli . p. 169 . retrieved april 22 2015 . new perfume handbook . google.ca . chadderdon lisa . the sweet smell of success a building in teaneck new jersey is the source of some of the world s most popular fragrances . meet givaudan roure s perfumers the ghostwriters behind your favorite scents . fast company magazine march 1998 . accessed 22 august 2007 . in fact more than 30 % of the world s fine perfumes for women can be traced to givaudan roure and to an inconspicuous brick building set back from the street in suburban teaneck new jersey . inside the building designed by der scutt architect of the trump tower and constructed in 1972 is an environment that fosters creativity . howard prosnitz november 26 2009 . major teaneck ratable remains vacant . north jersey record . retrieved april 22 2015 . a b david rowe 2009 . chemistry and technology of flavours and fragrances . john wiley & sons . p. 4 . retrieved april 22 2015 . nestl drops givaudan from balance sheet . swiss info . december 6 2013 . retrieved april 22 2015 . a b john revill december 6 2013 . nestl to sell its 10 % stake in givaudan . wall street journal . retrieved april 22 2015 . givaudan smells opportunity in china . chemical & engineering news . november 10 2004 . retrieved april 23 2015 . givaudan engage your senses . givaudan.com . cnbc interview with ceo gilles andrier on quest acquisition eu approval for merger . quest acquisition closure . corporate publications pdf . givaudan.com . the sweet smell of the bronx . ny city lens . givaudan buys france s soliance in first acquisition since 2007 . reuters . givaudan breaks down flavour components for home cooked taste . foodnavigator.com . givaudan launches charitable foundation . cosmeticsdesign europe.com . john revill january 29 2015 . givaudan scents tough conditions continuing in 2015 . wall street journal . retrieved april 23 2015 . givaudan furthers patchouli collection network . cosmeticsdesign.com usa . victims of toxic cloud over seveso entitled to moral damages claims could reach tens of millions of euros . highbeam.com . amarjit sahota 2014 . sustainability how the cosmetics industry is greening up . john wiley & sons . pp. 94 95 . retrieved april 23 2015 . external links edit official website l. givaudan & balloons french cnbc interview with gilles andrier on 2008 half year results 60 minutes piece on givaudan v t e swiss market index companies of switzerland abb actelion adecco credit suisse geberit givaudan holcim julius b r nestl novartis richemont roche sgs swatch group swiss re swiss life swisscom syngenta ubs zurich financial companies portal switzerland portal retrieved from https en.wikipedia.org w index.php title givaudan & oldid 735754395 categories chemical companies of switzerlandflavor companiesfragrance companiesmanufacturing companies based in geneva1895 establishments in switzerlandcompanies established in 1895hidden categories cs1 italian language sources it use dmy dates from april 2015articles with french language external links navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages catal deutsch fran aisitalianonederlands polskiportugu s edit links this page was last modified on 22 august 2016 at 21 54 . text is available under the creative commons attribution sharealike license ; 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