IFF Opens Global Service Center in Budapest
April 02 2019 - 05:59AM
Business Wire
Regulatory News:
International Flavors & Fragrances Inc. (NYSE: IFF)
(Euronext Paris: IFF) (TASE: IFF) opened its new global service
center in Budapest, Hungary, consolidating key finance processes
for its worldwide operations. The center is part of a multi-year
effort to optimize IFF’s finance operating model.
“It is gratifying to celebrate the opening of this new center,”
said Richard O’Leary, CFO of IFF. “The team has worked hard to get
us to this point in our transformation journey. I want to thank
everyone involved for their efforts.” Mr. O’Leary continued, “A
transformation like this never happens in a vacuum. I would like to
acknowledge and thank our many external partners that have made
this possible.”
“Budapest is built for companies like IFF to flourish,” said
Minister of Foreign Affairs and Trade Péter Szijjártó. “Budapest
offers a thriving business environment with a sophisticated
workforce and strong infrastructure that supports the companies who
establish themselves within our region. We are glad that IFF chose
Budapest for their new global service center.”
Located in Mill Park, the center will have more than 100
employees by the end of the year with a footprint able to
accommodate a greater number as recruiting continues and the scope
of IFF’s services expands.
“With sustainability a key enabler of our strategy, I’m proud to
say that Mill Park supports our vision as a LEED gold certified
site,” said Mr. O’Leary. “Mill Park provides IFF with a sustainable
work environment that is conveniently located with easy access to
public transportation and excellent amenities. I am very excited to
see this site grow and fulfill its potential for both IFF and
Budapest.”
Meet IFF
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext
Paris: IFF) (TASE: IFF) is a leading innovator of scent, taste, and
nutrition, with 97 manufacturing facilities, 105 R&D centers,
and 39,000 customers globally. At the heart of our company, we
are fueled by a sense of discovery, constantly asking “what if?”.
That passion for exploration drives us to co-create unique products
that consumers experience in more than 90,000 unique products sold
annually. Our 13,000 team members globally take advantage of
leading consumer insights, naturals exploration, research and
development, creative expertise, and customer intimacy to develop
differentiated offerings for consumer products.
Learn more at www.iff.com, Twitter , Facebook, Instagram, and
LinkedIn.
International Flavors & Fragrances Inc.521 West 57th
StreetNew York, NY 10019
T +212.765.5500F +212.708.7132iff.com
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version on businesswire.com: https://www.businesswire.com/news/home/20190402005167/en/
Michael DeVeauHead of Investor Relations and Communications
& Divisional CFO, Scent212.708.7164Michael.DeVeau@iff.com
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