Givaudan Acquires Eurofragrance
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Givaudan, The Vernier-based (Canton of Geneva) global leader in Fragrance & Beauty, announced that it has reached an agreement to acquire a majority stake in Eurofragance, a pure play fragrance house based in Barcelona, Spain. The terms and conditions of the transaction have not been disclosed.
Eurofragance is a family-founded fragrance creation house specialising exclusively in the design and production of fine fragrances, as well as fragrances for personal and home care products. With a strong presence across Europe, the Middle East, Asia, Africa, and Latin America, the company focuses on high growth regional markets. Renowned for its agility, creativity, and deep market understanding, Eurofragance combines a perfumery boutique approach with the latest innovations to deliver distinctive olfactive solutions and fragrances tailored to consumer preferences.
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.
Maurizio Volpi, President 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.”
While the terms of the deal will not be disclosed, Eurofragance’s business would have represented approximately CHF 185 million of incremental sales to Givaudan’s results in 2025 on a proforma basis.
➡️ Source: Press Release | 📸 ©Givaudan, Givaudan’s plant in Vernier, Canton of Geneva (Switzerland)