Givaudan to Take Majority Stake in Eurofragrance
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4 Articles
The Swiss company of fragrances and beauty Givaudan has acquired a majority stake in Eurofragance, reports the Catalan company in a statement this Friday, which has not detailed the percentage or amount of the operation. Read more: Eurofragance will invest almost 5 million in its internationalization The alliance between the two companies aims to expand the presence and capabilities of Eurofragance in all regions and markets to drive "a sustaine…
The Swiss company Givaudan is the world market leader in fragrances and flavorings – and is now strengthening its position with the acquisition of Eurofragrance. The share price is reacting positively.
With the acquisition of Eurofragance, Givaudan aims to strengthen its position in Fine Fragrances in high-growth markets.
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