THE WHAT? Givaudan has agreed to acquire a majority stake in Spanish fragrance house Eurofragance as part of its strategy to expand its presence in high-growth regional fragrance markets.

THE DETAILS  Barcelona-based Eurofragance is a family-founded fragrance company focused on fine fragrances as well as fragrances for personal care and home care products. The business has a strong presence across Europe, the Middle East, Asia, Africa and Latin America, with a reputation for agile product development and local market expertise. Givaudan said the acquisition aligns with its 2030 growth strategy by strengthening its capabilities in regional and local markets while expanding its fine fragrance offering. On a pro forma basis, Eurofragance would have contributed approximately CHF 185 million in sales to Givaudan’s 2025 results. Financial terms of the deal were not disclosed, and completion remains subject to regulatory approval.

THE WHY? The acquisition is designed to enhance Givaudan’s leadership in fine fragrances, expand its reach in fast-growing international markets and combine Eurofragance’s entrepreneurial approach with Givaudan’s global scale, innovation capabilities and customer network.

Source: Givaudan

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