Givaudan to acquire majority stake in Eurofragance

Switzerland-based maker of flavours, fragrances, and active cosmetic ingredients, has agreed to acquire a majority stake in Eurofragance, the Barcelona-based multinational fragrance house. Financial terms were not disclosed.

Eurofragance will continue to operate as an independent brand, retaining its identity, organisation, and culture while gaining access to Givaudan’s global platform.

Eurofragance is a family-founded fragrance creation house specialising in fine fragrances and fragrances for personal and home care products. With a presence across Europe, the Middle East, Asia, Africa, and Latin America, the company focuses on high-growth regional markets, combining a boutique perfumery approach with its market understanding to deliver fragrances tailored to consumer preferences.

Mr. Santiago Sabatés, who will remain as shareholder and Chairman of Eurofragance, said the partnership with Givaudan opened a new chapter for the company, which he said had been built on creativity, innovation, and agility since its founding in Barcelona.

Mr. Maurizio Volpi, President, Fragrance and Beauty, Givaudan, said Eurofragance had deep roots in fine fragrances and strong relationships in high-growth markets, and that the combination would strengthen capabilities in fine fragrance creation.