Givaudan & Novozymes partnership will leverage combined capabilities for sustainable ingredients
16 Nov 2020 --- Givaudan and Novozymes have formed a strategic research partnership for the development of synergistic ingredients and technologies. The companies will jointly work on the R&D of sustainable solutions in the areas of food and cleaning.
The partnership is in line with Novozymes’ updated strategy Better Business with Biology, and Givaudan’s 2025 strategic goals to expand offering to consumers’ brands through innovative and sustainable solutions.
“We’re very excited to initiate this strategic partnership with Novozymes, a much-respected company that has an impressive heritage and research platform in biological solutions,” says Gilles Andrier, CEO at Givaudan.
“Our purpose of ‘creating for healthier, happier lives with love for nature’ fully aligns with the aspiration of Novozymes for a world with 100 percent biological products. Together we have the potential to grow with our respective customers while increasing our positive impact on the world with products consumers feel good about and that preserve our planet.”
Givaudan’s purpose of “creating for healthier, happier lives” aligns with Novozymes’ aspirations, says Andrier.“This partnership is well aligned with our strategy to become even more consumer-driven and solve global challenges with sustainable solutions. By working together, we can faster develop consumer solutions in areas such as food and cleaning to the benefit of people’s lives and the world we live in,” notes Ester Baiget, president and CEO at Novozymes.
Investing in R&D
Givaudan brings the highest investment in R&D in the industry, has an in-depth understanding of consumers worldwide and creates the emotional signatures and food experiences for consumer brands.
Novozymes brings innovation with extensive know-how in enzymes and microorganisms with substantial investments in technology and R&D.
On the commercial side, Novozymes is in strong commercial partnerships with some of the largest companies in Food & Beverages and Household Care.
Together the two companies will work on specific projects to bring their respective customers a differentiating solution offering.
The two companies believe that because of the significant overlap of end-user markets, the partnership can generate customer value by combining the two companies’ capabilities and solutions.
Edited by Elizabeth Green
