Post by Givaudan

Givaudan announces today that it has reached an agreement to acquire a majority stake in Eurofragance SLU, a pure play fragrance house based in Barcelona, Spain.     This strategic alliance marks an important milestone in Givaudan’s 2030 strategy, aiming to expand its presence and capabilities across local and regional markets to drive sustained business growth. By combining Eurofragance’s entrepreneurial spirit and strong regional footprint with Givaudan’s global leadership and capabilities, the collaboration will enable both companies to bring unique, locally relevant fragrance experiences to consumers worldwide.     As Maurizio Volpi, President Givaudan – Fragrance & Beauty, said: “Eurofragance is a respected player with deep roots in fine fragrances and strong relationships in high growth markets. By joining forces, we are perfectly aligned with our 2030 strategy for growth and our mission to continue shaping the future of fine fragrance creation.”     Santiago Sabatés, Chairman of Eurofragance, commented: “We are confident that partnering with Givaudan opens a new chapter for Eurofragance. Since our incorporation in Barcelona and throughout our international growth, we have built our company on passion, creativity, innovation and agility. This strategic alliance will allow us to reach new heights and continue innovating and creating exceptional fragrances.”    Read the full media release here: https://lnkd.in/g3EFkzJu #Givaudan #Eurofragance #CommittedtoGrowth