Geneva, 9 July 2002 – Following Nestlé’s decision to concentrate its culinary research in Singen (South Germany) and to discontinue its research activities in Kemptthal ( Zurich, Switzerland), Givaudan will acquire these facilities in Kemptthal.
On January 18, 2002, Givaudan has – in the context of the FIS acquisition - announced to acquire the Nestlé production facilities in Kemptthal.
With this new purchase, Givaudan will own the entire former Nestlé site in Kemptthal. This is part of Givaudan’s long term strategy to consolidate its flavour activities and assure future growth in this domain.
For further information please contact:
Peter Wullschleger, Givaudan Media Relations
5, chemin de la Parfumerie, CH-1214 Vernier
T +41 22 780 90 93, F +41 22 780 90 90