Givaudan acquires a majority stake in Eurofragance, a Barcelona-based creative house, to strengthen its presence in high-growth regional markets.
Givaudan has signed an agreement to acquire a majority stake in Eurofragance, a Barcelona-based fragrance house specializing in fine fragrances as well as personal care and household products.
Positioning and scope of Eurofragance
Eurofragance is a family-owned company founded in Barcelona in 1990. It employs over 600 people and operates production sites in Spain, Singapore and Mexico, as well as working with manufacturing partners in China and India.
Financial and strategic impact
On a pro forma basis, the Eurofragance business would have represented approximately 185 million Swiss francs of additional sales for Givaudan in 2025. Completion of the transaction remains subject to applicable regulatory processes.
The following quote explains Givaudan's stated objective:
«Eurofragance is a recognized player, firmly rooted in the world of Fine Fragrances and with strong relationships in high-growth markets. By joining forces, we are perfectly aligned with our 2030 growth strategy and our mission to continue shaping the future of fine fragrance creation together.» Maurizio Volpi, President Fragrance & Beauty, Givaudan.
For its part, Eurofragance's management emphasized the continuity of the company's commitments since its creation in Barcelona, and its determination to pursue international expansion.
«We are convinced that the partnership with Givaudan opens a new chapter for Eurofragance. Since our creation in Barcelona and throughout our international development, we have built our company on passion, creativity, innovation and agility. This strategic alliance will enable us to reach new heights and continue to innovate and create exceptional fragrances.» Santiago Sabatés, Chairman, Eurofragance.
Financial terms of the transaction will not be disclosed. The closing timetable is subject to regulatory approvals.
Eurofragance retains its network of creation centers and production capacities on five continents, completing the local and regional presence that Givaudan wishes to strengthen as part of its 2030 strategy.
