Eurofragance, the multinational fragrance house, today announced that it has reached a strategic agreement with Givaudan, the global leader in Fragrance & Beauty, through a deal in which the Swiss company will take a majority stake. This marks a significant milestone in Eurofragance‘s history and further strengthens Givaudan‘s position in fine fragrances and high-growth regional markets.
This strategic alliance aims to expand Eurofragance‘s presence and capabilities across all regions and markets to drive sustained business growth. By combining Eurofragance‘s entrepreneurial spirit and strong regional footprint with Givaudan‘s global leadership and capabilities, both companies will bring locally relevant fragrance experiences to consumers worldwide.
Eurofragance Retains Independent Brand Identity
Eurofragance will continue to operate as an independent brand, preserving its identity, organization and entrepreneurial culture, while benefiting from Givaudan‘s global platform and capabilities. This approach ensures continuity for customers and partners, maintaining the agility and proximity that define Eurofragance‘s value proposition. The move complements Givaudan‘s broader growth strategy, which has seen the company invest in its fine fragrance capabilities, including its CHF 55 million Campus 52 centre of excellence in Grasse.
“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.”
— Santiago Sabatés, Shareholder and Chairman, Eurofragance
“Eurofragance is a respected player with deep roots in Fine Fragrances and strong relationships in high-growth markets. By joining forces, we will further strengthen our combined capabilities and continue shaping the future of Fine Fragrance creation.”
— Maurizio Volpi, President Fragrance & Beauty, Givaudan
About Eurofragance
Eurofragance manufactures and markets the highest quality fragrances for global brands in fine perfumery, home, personal and air care. The company is a privately held B2B enterprise founded on family values in Barcelona in 1990 and currently employs more than 600 people. The company is represented on five continents, operates its manufacturing plants in Spain, Singapore and Mexico, and works with manufacturing partners in China and India. The closing of the transaction is subject to the applicable regulatory processes. For more information, visit Eurofragance and Givaudan.
