Givaudan buys U.S. flavour and fragrance maker Ungerer

ZURICH (Reuters) - Swiss flavour and fragrance maker Givaudan said it was buying U.S. Ungerer & Company for an undisclosed sum as part of its long-term growth strategy.Givaudan said Ungerer, which employs 650 people, would have added roughly $250 million in extra sales on the basis of last year's results. Givaudan posted sales of 5.53 billion Swiss francs ($5.55 billion) in 2018.The Geneva-based company did not disclose the terms of the deal, which it said it would fund through issuing new..