Givaudan announces new Kuala Lumpur business solutions center
Taste and flavor giant Givaudan has announced the official opening of a new business solutions center in Kuala Lumpur, Malaysia. The outpost will form a critical part of Givaudan’s growth platform in the Asia Pacific region, housing its business services and solutions segment. The center was opened at an inauguration ceremony attended by more than 60 prominent locals, dignitaries, and Givaudan employees.
Givaudan’s share price has risen by 18% year to date
SOURCE: Yahoo Finance
Gilles Andrier, Givaudan’s CEO, took the opportunity to address the crowd at the event, saying: “GBS is all about increasing agility and efficiency while driving excellence in the delivery of our services and solutions in order to grow alongside our customers. Our new center is strategically situated in Malaysia to enable Givaudan to deliver a superior customer experience as we continue to grow in the region and work towards achieving our 2020 ambition.”
Givaudan business services has other key locations in Budapest and Buenos Aires, and the Kuala Lumpur center won’t start providing the company’s full range of business services and solutions until 2019. Next year, it will focus on finance and procurement solutions for indirect materials and services.
The company’s head of Business Solutions, Anne Tayac, said: “Kuala Lumpur is particularly well positioned as a hub for talent and technology in the Asia Pacific region. GBS will leverage innovation and new ways of working to deliver solutions that are fully aligned with our business and designed to increase our effectiveness while allowing our people to focus on core activities that bring value to customers.”
Dominion holds Givaudan in its Global Trends Managed Fund.
If you would you like to receive the Newsfeeds daily, please click here to sign up now!Help us make this Newsfeed better by rating this article. 1 star = Poor and 5 stars = Excellent
- Click here to print this story: Print
The views expressed in this article are those of the author at the date of publication and not necessarily those of Dominion Fund Management Limited. The content of this article is not intended as investment advice and will not be updated after publication. Images, video, quotations from literature and any such material which may be subject to copyright is reproduced in whole or in part in this article on the basis of Fair use as applied to news reporting and journalistic comment on events.