11 October 2021
Establishing a Global Leadership Position in Natural Colors
DDW, The Color House is excited to announce that we will join Givaudan, a global leading company in taste and well-being, fragrance, and beauty. The combination of both companies establishes a global leadership position in natural colors and strengthens our ability to create with customers the multi-sensorial food experiences that consumers love.
“I am very proud of all that DDW has accomplished throughout its 156 years as a privately held company and we are confident that we will continue to flourish as part of Givaudan,” said DDW’s chairman Ted Nixon. “We believe that we have a shared purpose and values with Givaudan and that this transaction represents a very positive step for DDW’s customers and associates.”
Louisville will continue to be a key site for the business and “it is our intention to stay focused on our customers, providing them strong service and market relevant products,” says Elaine Gravatte, President and CEO, DDW, The Color House.
The terms of the deal have not been disclosed but Givaudan plans to debt fund the transaction. The transaction is expected to close in Q4 2021.
DDW, The Color House
Mother Nature supplies the raw materials, DDW adds more than 155 years of color expertise. It is a brilliant partnership that offers a complete range of natural color solutions for the food and beverage industry. DDW is a global, privately held company with 12 locations on 5 continents, committed to making a positive difference in our communities and working toward a sustainable future.
Givaudan is a global leading company in taste and well-being, fragrance, and beauty. With its heritage stretching back over 250 years, the Company has a long history of innovating scents and tastes. The Company is committed to driving purpose-led, long-term growth while leading the way to improve happiness and health for people and nature. In the fiscal year 2020, the Company employed almost 16,000 people worldwide and achieved sales of CHF 6.3 billion.
Taste & Well-Being
Powered by innovation and creativity, Givaudan Taste & Wellbeing aims to shape the future of food by becoming the co-creation partner of choice to its customers. With an expanded portfolio of products across flavours, taste, functional, and nutritional solutions and a deep knowledge of the food ecosystem, Givaudan’s passion is to collaborate with customers and partners to develop game changing innovations in food and beverage.