Company invests CHF75m in Mexican facility to support Latin America growth plans
Givaudan Fragrance & Beauty has announced a CHF75m investment in a new extension to its Pedro Escobedo, Mexico facility to support its growth in Latin America across customer segments.
The new extension, which is planned to open at the end of 2023, will include automated logistics, allowing for high accuracy and efficiency.
The expanded facility, says Givaudan, will be designed to be agile for the production of small as well as large volumes to serve all customer segments.
“Investing in our production facility in Mexico – an important high growth market for Givaudan – demonstrates our commitment to our customers, and aligns to our 2025 strategy and purpose,” commented Maurizio Volpi, the company’s President of Fragrance & Beauty.
“This investment will strengthen our position as a strategic partner to our customers in the region and will cater to the increasing consumer demands for great smelling sustainable fragrances.”
Mauro Patrus, Head of Consumer Products Fragrances Latin America at Givaudan, said: “Expanding our production capabilities builds on our current facility in Pedro Escobedo, which has been successfully serving customers over the years.
“It will support us in further building our strong position in Latin America.”
Meanwhile, Lucia Lisboa, Head of Fine Fragrances Latin America, added: “With this investment, we will be even better positioned to offer our customers a comprehensive end-to-end solution for the region in the creation, development and production of fragrances that consumers love.”