Naturex is a botanicals company that produces and sells plant extracts to the food industry for flavoring, coloring, or preservative purposes.[1] The company is based in Avignon, France with offices and production facilities across Europe, the United States, Canada, Brazil, Morocco, and India.[2][3][4]

History

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The company was founded in 1992 by Jacques Dikansky, who served as CEO until his death in 2012.[5] Thierry Lambert took over as CEO until 2014 and was later replaced by Olivier Rigaud in 2018.[6]

Company revenues exceeded $125 million in 2007.[1] In 2015, Europe was 50% of the company’s business, the U.S. market was 40%, and 10% was in emerging markets. The company had over 1700 employees when it was acquired by Swiss company Givaudan SA for $1.6 billion.[7][8]

In 2018, Naturex was acquired by the Swiss group Givaudan.

Acquisitions

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During his 20 years as CEO, Dikansky expanded the company by opening new offices and acquiring other companies. In 1997, the company opened a subsidiary in Mamaroneck, New York to handle its United States business.[3] Naturex's acquisitions have included Brucia Plant Extracts, Hauser, RFI Ingredients, Pure World, Inc., Hammer Pharma, Chart Corporation, the active ingredients division of Berkem, the ingredients division of Natraceutical, Pektowin, Burgundy, Valentine, Decas Botanical Synergies, Vegetable Juices Inc., some parts of Berghausen, some parts of Halliburton International Foods, and Swedish Oat Fiber.[9][4][10][3][11][12][13][14][15][16][17][18][19]

References

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  1. ^ a b Downie, Andrew (2008). "On a Remote Path to Cures". The New York Times. ISSN 0362-4331. Retrieved 2018-05-25.
  2. ^ "Naturex gains Asian foothold as it acquires Indian colours producer". foodnavigator.com. Retrieved 2018-05-25.
  3. ^ a b c "Supply Source: Naturex: A Natural Ingredients". Nutraceuticals World. Retrieved 2018-05-26.
  4. ^ a b "Naturex opens Canadian subsidiary in Toronto". nutraingredients-usa.com. Retrieved 2018-05-26.
  5. ^ nutraingredients.com. "Naturex founder Jacques Dikansky dies". nutraingredients.com. Retrieved 2022-06-24.
  6. ^ "Naturex appoints Olivier Rigaud as CEO". foodnavigator.com. Retrieved 2018-05-25.
  7. ^ "Emerging markets, phyto-active leadership, and a return to M&A in 2016: Naturex CEO outlines five-year plan". nutraingredients.com. Retrieved 2018-05-26.
  8. ^ "Organic Never Comes Cheap, as This Deal Shows". Bloomberg.com. 2018-03-26. Retrieved 2018-05-26.
  9. ^ "Surging sales for Naturex". foodnavigator.com. Retrieved 2018-05-26.
  10. ^ "Naturex Takes Over Pure World". Food Processing. Retrieved 2018-05-26.
  11. ^ "Naturex buys Hammer Pharma for €10m". nutraingredients.com. Retrieved 2018-05-26.
  12. ^ "Naturex acquires Chart Corporation". foodnavigator.com. Retrieved 2018-05-26.
  13. ^ "Naturex adds to pectin and juice concentrate portfolio with Polish acquisition". foodnavigator.com. Retrieved 2018-05-26.
  14. ^ "Naturex builds herbal foaming agents business". foodnavigator.com. Retrieved 2018-05-26.
  15. ^ "Naturex gains Asian foothold as it acquires Indian colours producer". foodnavigator.com. Retrieved 2018-05-26.
  16. ^ "Naturex acquires cranberry player Decas Botanical Synergies". nutraingredients.com. Retrieved 2018-05-26.
  17. ^ "Naturex Acquires Vegetable Ingredients Supplier | Nutritional Outlook". www.nutritionaloutlook.com. Retrieved 2018-05-26.
  18. ^ Reuters Editorial. "BRIEF-Naturex acquires selected industrial technologies and..." U.S. Retrieved 2018-05-26. {{cite news}}: |author= has generic name (help)
  19. ^ "Naturex strengthens 'natural nutrition' position with Swedish Oat Fiber deal". nutraingredients.com. Retrieved 2018-05-26.