Firmenich and Senomyx, Inc. (NASDAQ :SNMX ) today announced that they have entered into a definitive merger agreement under which Firmenich will acquire all of the outstanding common stock of Senomyx for $1.50 per share in cash. This represents a premium of approximately 43% over Senomyx’s closing price on September 14, 2018 and a premium […]
Firmenich will acquire US-based ingredients firm Senomyx, increasing its portfolio of natural flavours for food and beverage companies. The deal, which has been unanimously approved by the boards of directors of both companies, is expected to close in the fourth quarter of 2018. Upon closing, Senomyx will be integrated into Firmenich’s North America research and […]
Firmenich has acquired Italy-based Campus, an innovator in the application of natural functional ingredients for protein applications, specializing in clean label, meat and plant-based foods. This acquisition broadens Firmenich’s capabilities in naturals and protein solutions, cutting across animal and vegan food products. Neither party is disclosing financial details of the deal, which is expected to […]
Danone and Firmenich, alongside six other partners, are investing in a second Livelihoods Carbon Fund that aims to raise €100m by the end of 2018 to accelerate their actions on climate change. The Fund will officially be launched in Paris next week (11 December) ahead of the International Climate Summit. A spokesperson for Danone revealed […]
Firmenich has announced cucumber as the 2017 “Flavor of the Year” based on the growing appeal of this refreshing flavor. The growing demand for refreshing, clean, and healthy food and beverages is reportedly driving cucumber’s surge in popularity. “Our trend insights show that consumers are really enjoying lighter, refreshing ‘green’ flavors, such as cucumber. We […]
