May 13, 2020 / 4:53 AM / 23 days ago

BRIEF-Givaudan Divests Processed And Grated Cheese Business

May 13 (Reuters) - Givaudan:

* GIVAUDAN ANNOUNCES DIVESTITURE OF PROCESSED AND GRATED CHEESE BUSINESS

* ENTERED INTO AN AGREEMENT TO DIVEST ITS PROCESSED AND GRATED CHEESE BUSINESS TO ST. PAUL GROUP

* PROCESSED AND GRATED CHEESE BUSINESS ACQUIRED FROM VIKA BV CONTRIBUTED CHF 13.5 MILLION TO GIVAUDAN’S FLAVOUR DIVISION SALES IN 2019

* TERMS OF THE TRANSACTION WILL NOT BE DISCLOSED Source text: bit.ly/3cusJH9 Further company coverage: (Berlin Speed Desk)

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