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New Alliance in Fragrances
Givaudan Acquires Majority Stake in Eurofragance
The Swiss company Givaudan is acquiring a majority stake in the fragrance manufacturer Eurofragance, based in Barcelona. The exact terms of the transaction were not disclosed, but Eurofragance’s revenue in 2025 was reported to have been just over 200 million euros. The family-run fragrance manufacturer Eurofragance, which specializes in perfumes and personal care products, employs more than 600 people and has a presence on every continent. The alliance is part of Givaudan’s 2030 strategy to expand its presence in local and regional markets, according to the statement. Eurofragance CEO Santiago Sabatés said, “This alliance will enable us to reach new heights and continue to create innovative and exceptional fragrances.”
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