Global fragrance giant Givaudan is set to acquire a majority stake in Eurofragance, marking a significant move in the fragrance industry's consolidation and growth landscape.
The strategic agreement will see the Swiss-based Fragrance and Beauty leader partner with the Barcelona-founded fragrance house to accelerate international expansion, strengthen capabilities across key markets, and unlock new growth opportunities worldwide.
Under the agreement, Eurofragance will continue to operate as an independent brand, retaining its identity, organizational structure and entrepreneurial culture. The company will also gain access to Givaudan’s global platform, expertise and resources, while maintaining the agility and customer focus that have underpinned its growth.
The partnership brings together Eurofragance’s strong presence in high-growth regional markets and entrepreneurial approach with Givaudan’s scale, innovation capabilities and global reach. Together, the companies aim to deliver locally relevant fragrance solutions to consumers around the world.
Santiago Sabatés, who will remain as shareholder and Chairman of Eurofragance, commented: “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.”
Maurizio Volpi, President Fragrance & Beauty at Givaudan, said: “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.”
Founded in Barcelona in 1990, Eurofragance has grown into a global fragrance supplier serving fine perfumery, home care, personal care and air care markets. The company employs more than 600 people worldwide, operates manufacturing facilities in Spain, Singapore and Mexico, and works with manufacturing partners in China and India.
For Givaudan, the transaction further strengthens its position in the premium fragrance sector and expands its footprint in fast-growing markets. The company reported sales of CHF 7.5 billion in 2025 and employs more than 17,500 people globally.
The transaction remains subject to customary regulatory approvals before closing.
