Flavor and fragrance company Givaudan is to acquire a majority stake in Spanish fragrance house Eurofragance.
Eurofragance is a family-founded fragrance creation house specializing in the creation and production of fine fragrances, as well as fragrances for personal and home care products. It has a presence across Europe, the Middle East, Asia, Africa and Latin America. The company operates manufacturing plants in Spain, Singapore and Mexico, and works with manufacturing partners in China and India.
Eurofragance was founded in Barcelona in 1990 and has more than 600 employees.
Eurofragance’s sales grew 16% like-for-like in 2025 to over €200m. The company says it saw growth across all geographies, especially the Middle East, Latin America, Africa, Türkiye and Indonesia. The company said the results marked five consecutive years of double-digit growth.
Eurofragance’s business would have represented around CHF185m ($234m) of incremental sales to Givaudan’s results in 2025 on a proforma basis.
Givaudan says the deal is a milestone in its 2030 strategy, aimed at expanding its presence in local and regional markets.
Eurofragance says it will continue to operate as an independent brand.
Santiago Sabatés, 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.”
The closing of the transaction is subject to regulatory processes.