Givaudan’s Acquisition of Nutrition Division of Centroflora Group


Demarest and Lobo de Rizzo advised on the deal

Givaudan, the global leader in flavours and fragrances, finalized its acquisition of the Nutrition Division of Centroflora Group..

Centroflora’s Nutrition Division (Centroflora Nutra) manufactures botanical extracts and dehydrated fruits for the food, beverage and consumer goods sectors. It offers a wide variety of plant extracts from various regions of the world, with a particular focus on those from the great biodiversity of Brazil. With headquarters and a manufacturing facility in Botucatu, Brazil, Centroflora Nutra employs about 116 people and exports products globally.

While terms of the deal have not been disclosed, Centroflora Nutra’s business would have represented approximately CHF 17 million of incremental sales to Givaudan’s results in 2017 on a proforma basis. Givaudan plans to fund the transaction from existing resources and is expected to close early 2018.

Givaudan is the global leader in the creation of flavours and fragrances. In close collaboration with food, beverage, consumer product and fragrance partners, Givaudan develops tastes and scents that delight consumers the world over. With a passion to understand consumers’ preferences and a relentless drive to innovate, Givaudan is at the forefront of creating flavours and fragrances that ‘engage your senses’. The Company achieved sales of CHF 4.7 billion in 2016. Headquartered in Switzerland with local presence in over 95 locations, the Company has more than 10,000 employees worldwide.

Demarest advised Givaudan Do Brasil Ltda. with André Alarcon (Picture), Claudio Oliveira Mattos, Bruno de Luca Drago, Carlos Eduardo Marino Orsolon, Ana Paula Pinheiro Schedel, Henrique Rodrigues Anders and Beatriz de S. Nogueira Buchaim.

Lobo de Rizzo advised Centroflora Nutra with Rodrigo Delboni Teixeira, George de Magalhães Carvalho, Martha Giugno Termignoni, Isabela Salomon Reis, Luciana de Andrade Moura Lima and Natalia Salzedas Pinheiro da Silveira.

Involved fees earner: Rodrigo Delboni Teixeira – Lobo & de Rizzo; George de Magalhães Carvalho – Lobo & de Rizzo; Martha Giugno Termignoni – Lobo & de Rizzo; Isabela Salomon Reis – Lobo & de Rizzo; Luciana de Andrade Moura Lima – Lobo & de Rizzo; Natalia Salzedas Pinheiro da Silveira – Lobo & de Rizzo; André Alarcon – Demarest; Beatriz de S. Nogueira Buchaim – Demarest; Cláudio Oliveira Mattos – Demarest; Bruno de Luca Drago – Demarest; Carlos Eduardo Marino Orsolon – Demarest; Ana Paula Pinheiro Schedel – Demarest; Henrique Rodrigues Anders – Demarest;

Law Firms: Lobo & de Rizzo; Demarest;

Clients: Givaudan; Centroflora Nutra;

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Author: Ambrogio Visconti.