Givaudan manages Middle East war effects with price hikes
The flavor maker reports limited business disruption from the conflict so far. CEO Christian Stammkoetter plans to offset rising costs through price hikes.
Xurve View
Xurve View
The ongoing conflict involving the United States, Israel, and Iran has not materially disrupted the operations of Givaudan, according to the company's leadership. The fragrance and flavor manufacturer, based in Switzerland, plans to mitigate the effects of the geopolitical situation through strategic price increases and supply chain adjustments.
