Givaudan strengthens global footprint with majority stake in Eurofragance
This acquisition reinforces Givaudan’s leadership in the fine fragrances segment, particularly in high-growth regional markets.
SPAIN – Givaudan, a worldwide leader in Fragrance & Beauty, has announced a strategic agreement to acquire a majority stake in Eurofragance, an independent fragrance house headquartered in Barcelona, Spain.
The transaction represents a pivotal milestone in Givaudan’s 2030 strategy, which focuses on expanding presence and capabilities across local and regional markets to drive sustained business growth.
By integrating Eurofragance’s entrepreneurial agility and strong regional footprint with Givaudan’s global leadership and resources, the partnership will deliver uniquely locally relevant fragrance experiences to consumers worldwide.
Eurofragance is a family-founded pure-play fragrance house specializing exclusively in the design and production of fine fragrances, fragrances for personal care products, and fragrances for home care products.
Santiago Sabatés, Chairman of Eurofragance, commented that they are confident that partnering with Givaudan will open a new chapter for Eurofragance.
He noted that since their incorporation in Barcelona and throughout their international growth, they have built their company on passion, creativity, innovation, and agility, and this strategic alliance will allow them to reach new heights and continue innovating and creating exceptional fragrances.
Founded in Barcelona in 1990 on family values, the privately-held B2B company now employs more than 600 people across five continents.
Eurofragance operates manufacturing facilities in Spain, Singapore, and Mexico, with additional manufacturing partnerships in China and India.
The company maintains an international network of Creative Centres and is renowned for its agility, creativity, and deep market understanding, combining a perfumery-boutique approach with cutting-edge innovation to deliver distinctive olfactory solutions tailored to consumer preferences.
Eurofragance maintains a strong presence across Europe, the Middle East, Asia, Africa, and Latin America, with particular focus on high-growth regional markets.
While the financial terms of the deal remain undisclosed, Eurofragance’s business would have represented approximately CHF 185 million (USD 235 million) of incremental sales to Givaudan’s 2025 results on a pro forma basis. The transaction’s completion is subject to applicable regulatory approvals.
In 2025, Givaudan employed over 17,500 people worldwide, achieved CHF 7.5 billion in sales, and recorded a free cash flow of 14.1%.
With a heritage spanning over 250 years, the Geneva-headquartered company is committed to driving long-term, sustainable growth by improving people’s health and happiness while increasing positive environmental impact.
Eurofragance manufactures and markets the highest-quality fragrances for global brands across fine perfumery, home, personal, and air care segments, having cultivated lasting relationships with partners over its 35-year history.
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