Post by Givaudan
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Givaudan announced today that the company will make an equity investment and strategic collaboration with the Swiss company Microcaps AG to strengthen its encapsulation capabilities, reinforcing its leadership in fragrance innovation and customer-centric solutions. Encapsulation technology plays a pivotal role in enhancing fragrance performance, enabling longer-lasting scents and improving consumer enjoyment in a wide range of fine fragrance, beauty and personal care products. Maurizio Volpi, President Givaudan – Fragrance & Beauty, said: “Partnering with Microcaps is a strategic step that further strengthens our innovation capabilities. Together, we will continue to deliver superior fragrance experiences that inspire and delight our customers around the world.” Jeremy Compton, Global Head of Science & Technology Fragrances, added: “Encapsulation is one of the most transformative technologies in our field. By combining Givaudan’s deep expertise in fragrance creation and innovation, and our commitment to collaborate with Microcaps’ breakthrough technologies, we can explore new ways to enhance performance and sustainability for consumers across many fragrance and skincare applications.” The partnership also marks an exciting milestone for Microcaps. Dr. Alessandro Ofner and Michael Hagander, founder and Co-CEOs of Microcaps, commented: “We are thrilled to join forces with Givaudan, the global leader in fragrances & beauty. This collaboration allows us to scale our technology and bring scientific precision to a wider market. Working together with Givaudan opens new doors for innovation. Together, we can redefine what high precision encapsulation means for the fragrance and beauty industries.” Read the full media here: https://lnkd.in/gZmF8Kqh #Givaudan #Microcaps #Encapsulation #Fragrance #Innovation