Givaudan takes a majority stake in Eurofragance

The independent Spanish fragrance house has entered into a strategic agreement with the Swiss group, which will acquire a majority stake in the company. Subject to regulatory approvals, the transaction is intended to accelerate the Catalan firm's international expansion by leveraging Givaudan’s global capabilities.

Founded in Barcelona in 1990, Eurofragance will retain its brand, organisation and entrepreneurial culture. Employing more than 600 people, the company operates across five continents and has manufacturing facilities in Spain, Singapore and Mexico. It is recognised for its expertise in fine fragrances as well as fragrances for personal care and household products. On a pro forma basis, Eurofragance would have contributed approximately CHF 185 million in additional sales to Givaudan in 2025.

This investment, in line with Givaudan’s 2030 strategy, further strengthens its position in fine fragrances and across several high-growth markets. It also reflects the continuing consolidation of the global fragrance industry, where scale, proximity to local markets and innovation capabilities are becoming increasingly important drivers of competitiveness.