Givaudan Bundle

Who Owns Givaudan?
Givaudan's ownership journey began with its founders and evolved significantly after its 2000 spin-off from a pharmaceutical company. This transition established it as an independent, publicly traded entity.

Understanding who holds stakes in Givaudan provides crucial insight into its operational direction and market standing. As a global leader in flavors and fragrances, its ownership structure impacts its ability to innovate and expand.
As of August 2025, Givaudan's market capitalization stands at approximately CHF 30.70 billion. The company, a leader in creating scents and tastes, operates globally with over 16,900 employees as of December 2024. Its strategic direction is influenced by its diverse shareholder base, which includes institutional investors and the public. This ownership landscape is key to understanding its continued growth and innovation, including its work on products analyzed in a Givaudan PESTEL Analysis.
Who Founded Givaudan?
The origins of Givaudan trace back to 1895 when brothers Léon and Xavier Givaudan established a perfumery business in Lyon, France. By 1898, they relocated operations to Vernier, Switzerland, constructing a factory. While specific early equity details are scarce, the company began as a family-owned venture, driven by the founders' vision for innovation in perfumery.
Founded by brothers Léon and Xavier Givaudan, the company's initial focus was on pioneering advancements in the perfumery sector. Operations moved to Vernier, Switzerland, in 1898, where a dedicated factory was established to support growth. The company began as a private family-owned enterprise, a common structure for industrial businesses during that period. A significant step in 1948 saw the company enter the flavor industry through the acquisition of Ersolko SA. In 1946, a perfumery school was established, contributing to the training of a substantial portion of the world's creative perfumers. The early ownership structure allowed the founding team to directly guide the company's innovation and expansion efforts. |
The early ownership of Givaudan was characterized by private family control, a model that facilitated direct steering of the company's strategic direction and commitment to innovation. This private structure allowed the founders to invest in research and development and pursue expansion opportunities without immediate external shareholder pressures. The acquisition of Ersolko SA in 1948 marked a pivotal moment, broadening the company's scope into the flavor sector and laying the groundwork for its future diversification. This period highlights a foundational strategy focused on organic growth and strategic acquisitions, as detailed in discussions on the Growth Strategy of Givaudan.
Givaudan's initial phase was shaped by its founders' vision and a commitment to building a strong, family-controlled enterprise.
- Founding in 1895 by Léon and Xavier Givaudan.
- Relocation and factory establishment in Vernier, Switzerland, by 1898.
- Acquisition of Ersolko SA in 1948, expanding into the flavor industry.
- Establishment of a perfumery school in 1946 to foster talent.
Givaudan SWOT Analysis
- Complete SWOT Breakdown
- Fully Customizable
- Editable in Excel & Word
- Professional Formatting
- Investor-Ready Format

How Has Givaudan’s Ownership Changed Over Time?
The ownership journey of Givaudan has seen significant transformations, notably its acquisition by Hoffmann-La Roche in 1963 and its subsequent merger with Roure in 1991, leading to the formation of Givaudan-Roure. A defining moment arrived on June 8, 2000, when the company was spun off from Roche and successfully listed on the SIX Swiss Exchange, establishing its status as an independent, publicly traded entity.
Shareholder | Percentage of Ownership (as of Dec 31, 2024) | Type of Shareholder |
---|---|---|
William H. Gates III | 12.03% | Individual |
UBS Fund Management (Switzerland) AG | 5.67% | Institutional |
BlackRock Inc. | 5.06% | Institutional |
Haldor Foundation | 4.96% | Institutional |
The Vanguard Group, Inc. | 3.70% | Institutional |
Geode Capital Management, LLC | 0.98% | Institutional |
Following its independence, Givaudan's shareholder landscape has become notably diverse. As of August 20, 2025, the company boasts a market capitalization of approximately $38.62 billion USD. The investor base is a blend of institutional and individual shareholders. As of December 31, 2024, key beneficial shareholders holding over 3% of the share capital include William H. Gates III with 12.03%, UBS Fund Management (Switzerland) AG with 5.67%, BlackRock Inc. with 5.06%, and Haldor Foundation with 4.96%. Additional significant institutional investors as of July 30, 2025, are The Vanguard Group, Inc. at 3.70% and Geode Capital Management, LLC at 0.98%. The general public, comprising individual investors, holds a substantial 50% stake, while institutions collectively own 36% as of September 3, 2024. This evolution from a subsidiary to a widely held public company has broadened its investor appeal and subjected its strategic direction and governance to the influence of public markets and institutional oversight.
Givaudan's ownership structure reflects a broad base of support, with both individual and institutional investors playing key roles. This diverse ownership influences the company's strategic decisions and overall governance.
- William H. Gates III is a significant individual shareholder.
- Institutional investors like BlackRock and Vanguard hold substantial stakes.
- The general public accounts for a large portion of the company's ownership.
- The company transitioned to public ownership in 2000.
- Understanding Givaudan's business model is key to appreciating its shareholder value.
Givaudan PESTLE Analysis
- Covers All 6 PESTLE Categories
- No Research Needed – Save Hours of Work
- Built by Experts, Trusted by Consultants
- Instant Download, Ready to Use
- 100% Editable, Fully Customizable

Who Sits on Givaudan’s Board?
Givaudan SA's corporate governance is structured to comply with Swiss regulations and industry best practices. The Board of Directors, comprising seven to nine members, is elected annually by shareholders. At the March 20, 2025 Annual General Meeting, Calvin Grieder was re-elected Chairman, with Melanie Maas-Brunner and Louie D'Amico joining as new members.
Board Member | Role |
---|---|
Calvin Grieder | Chairman |
Melanie Maas-Brunner | Member |
Louie D'Amico | Member |
Lilian Biner | Member |
Werner Bauer | Member |
Ingrid Deltenre | Member |
Victor Balli | Member |
Sophie Gasperment | Member |
Tom Knutzen | Member |
Givaudan operates with a single class of registered shares, each valued at CHF 10.00, where every share carries one vote and an equal right to dividends. This ensures a straightforward one-share-one-vote system for all shareholders. Holders of more than 2% of the company's capital are required to disclose their beneficial owners. There are no indications of individuals or entities possessing disproportionate control through special voting rights or golden shares. The company has not entered into any shareholder agreements with significant shareholders, nor does it have cross-shareholdings. Decisions at shareholder meetings adhere to majority rules as stipulated by Swiss law, promoting widespread shareholder involvement in critical governance matters. Understanding the Brief History of Givaudan can provide context to its current ownership structure.
Givaudan's ownership is characterized by a clear, unified share structure. This system ensures that voting power directly correlates with shareholding.
- One registered share equals one vote.
- No special voting rights or golden shares exist.
- Disclosure is required for beneficial owners holding over 2% of capital.
- Shareholder agreements with significant holders are not in place.
Givaudan Business Model Canvas
- Complete 9-Block Business Model Canvas
- Effortlessly Communicate Your Business Strategy
- Investor-Ready BMC Format
- 100% Editable and Customizable
- Clear and Structured Layout

What Recent Changes Have Shaped Givaudan’s Ownership Landscape?
Over the past few years, Givaudan has actively managed its ownership through strategic acquisitions and divestitures, aiming to bolster its market position and capabilities. These moves reflect a dynamic approach to corporate structure and a commitment to long-term growth, influencing its overall Givaudan ownership structure.
Development | Date | Impact on Ownership |
Acquisition of majority stake in Vollmens Fragrances | June 2025 | Expansion of fragrance portfolio, integration of a new entity |
Acquisition of cosmetic ingredients from Amyris | April 2023 | Strengthening of Active Beauty business, focus on sustainable components |
Sale of Naturex Iberian Partners industrial site | Agreement Feb 2024, expected transfer May 2024 | Divestiture of a non-core asset, streamlining operations |
Givaudan's financial performance in 2024 highlights its robust growth and commitment to shareholder value. Group sales reached CHF 7.4 billion, a 12.3% increase on a like-for-like basis compared to 2023. Net income saw a significant rise of 22.1% to CHF 1,090 million, with free cash flow growing by 25.9% to CHF 1,158 million. The company proposed a cash dividend of CHF 70.00 per share for 2024, marking its twenty-fourth consecutive annual increase since its 2000 listing. This consistent financial strength supports its Givaudan stock ownership and attracts continued investor interest. The company anticipates exceeding its five-year average sales growth target of 4-5% on a like-for-like basis for the 2021-2025 period, driven by strong market performance and strategic initiatives, including those detailed in its Marketing Strategy of Givaudan.
Givaudan's acquisition of Vollmens Fragrances in June 2025 and cosmetic ingredients from Amyris in April 2023 underscore its strategy to expand capabilities in key growth areas. These moves are designed to enhance its product offerings and market reach.
With sales of CHF 7.4 billion in 2024 and a 22.1% increase in net income, Givaudan demonstrates strong financial health. The proposed CHF 70.00 dividend per share for 2024 reflects a commitment to consistent shareholder returns.
The sale of the Naturex Iberian Partners industrial site in Valencia, Spain, signals a strategic streamlining of operations. This divestiture, agreed upon in February 2024, allows the company to concentrate on its core competencies.
Givaudan's consistent dividend growth and projected sales exceeding its 4-5% target for 2021-2025 indicate positive investor sentiment. This outlook suggests a stable Givaudan company stakeholders base and continued interest from institutional investors.
Givaudan Porter's Five Forces Analysis
- Covers All 5 Competitive Forces in Detail
- Structured for Consultants, Students, and Founders
- 100% Editable in Microsoft Word & Excel
- Instant Digital Download – Use Immediately
- Compatible with Mac & PC – Fully Unlocked

- What is Brief History of Givaudan Company?
- What is Competitive Landscape of Givaudan Company?
- What is Growth Strategy and Future Prospects of Givaudan Company?
- How Does Givaudan Company Work?
- What is Sales and Marketing Strategy of Givaudan Company?
- What are Mission Vision & Core Values of Givaudan Company?
- What is Customer Demographics and Target Market of Givaudan Company?
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.