Givaudan buys U.S. flavor and fragrance maker Ungerer

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Givaudan buys U.S. flavor and fragrance maker Ungerer
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Swiss flavor and fragrance maker Givaudan said it was buying U.S. Ungerer & Comp...

FILE PHOTO: The logo Givaudan, the world's biggest fragrance and flavours maker is seen at a plant in Kemptthal, Switzerland July 18, 2016. REUTERS/Arnd Wiegmann

Givaudan said Ungerer, which employs 650 people, would have added roughly $250 million in extra sales on the basis of last year’s results. Givaudan posted sales of 5.53 billion Swiss francs in 2018.

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