en.Wedoany.com Reported - Swiss fragrance and beauty group Givaudan has signed an agreement to acquire a majority stake in Eurofragance, a Barcelona-based fragrance company. This strategic transaction aims to accelerate international expansion, enhance capabilities in key markets, and unlock new growth opportunities globally.
Under the terms of the agreement, Eurofragance will continue to operate as an independent brand, retaining its original identity, organizational structure, and entrepreneurial culture. The brand will gain access to Givaudan's global platform, expertise, and resources to maintain the agility and customer focus that have driven its growth.
Founded in 1990, Eurofragance has evolved into a global fragrance supplier serving the fine fragrance, home care, personal care, and air care markets. The company employs over 600 people worldwide, with production facilities in Spain, Singapore, and Mexico, and maintains partnerships with manufacturing partners in China and India.
Santiago Sabatés, Chairman and shareholder of Eurofragance, stated that the partnership with Givaudan will open a new chapter for the company. Since starting in Barcelona and expanding internationally, the company has always been built on passion, creativity, innovation, and agility. This strategic alliance will help it reach new heights, continue innovating, and create high-quality fragrance products.
Maurizio Volpi, President of Givaudan's Fragrance and Beauty division, noted that Eurofragance has deep roots in the fine fragrance sector and strong relationships in high-growth markets. This collaboration brings together Eurofragance's strong presence and entrepreneurial spirit in high-growth regional markets with Givaudan's scale, innovation capabilities, and global reach. Both parties aim to provide consumers worldwide with fragrance solutions tailored to local needs. The combination will further enhance overall capabilities and jointly shape the future of fine fragrances.
For Givaudan, this transaction further strengthens its position in the premium fragrance segment and expands its footprint in rapidly growing markets. The company recorded sales of 7.5 billion Swiss francs in 2025 and employs over 17,500 people globally. The transaction is subject to customary regulatory approvals before completion.
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