Givaudan Buys Majority of Spain’s Eurofragance in Fragrance-House Consolidation
Givaudan agreed to buy a majority stake in Spain’s Eurofragance, a pure-play fragrance house with 2025 sales above €200 million, expanding in high-growth markets.
TL;DR — Fragrance and flavor giant Givaudan agreed to buy a majority stake in Spain’s Eurofragance, a pure-play fragrance house with 2025 sales above €200 million, deepening its reach in high-growth scent markets.
The quiet giants behind the world’s perfumes are consolidating. On June 5, 2026, Givaudan agreed to buy a majority of Spain’s Eurofragance.
The deal
Givaudan agreed to acquire a majority stake in Barcelona-based Eurofragance, a pure-play fragrance house founded in 1990 with 600-plus employees, which will keep operating as an independent brand. Eurofragance’s 2025 sales grew 16% like-for-like to over €200 million and would have added roughly CHF 185 million of incremental sales to Givaudan on a pro-forma basis. For scale, Givaudan has 17,500-plus employees and CHF 7.5 billion in 2025 sales.
| Eurofragance | |
|---|---|
| Founded | 1990 (Barcelona) |
| Employees | 600+ |
| 2025 sales | €200M+ (+16% LFL) |
| Pro-forma add to Givaudan | ~CHF 185M |
What they said
"Eurofragance is a respected player with deep roots in fine fragrances and strong relationships in high growth markets." — Maurizio Volpi, President, Fragrance & Beauty, Givaudan
Why it matters
- Consolidation continues. The big fragrance houses keep bolting on fast-growing regional players.
- Emerging markets matter. Eurofragance’s footprint targets high-growth scent demand.
- Scale wins in scent. Larger portfolios mean more R&D and pricing power in fragrance.
FAQ
What is Givaudan acquiring?
A majority stake in Eurofragance, a Barcelona-based pure-play fragrance house founded in 1990 with more than 600 employees and 2025 sales above €200 million (up 16% like-for-like). It will continue operating as an independent brand.
Why does the Givaudan–Eurofragance deal matter?
It is another step in the consolidation of the global fragrance industry, giving Givaudan deeper reach into high-growth scent markets. Eurofragance would have added roughly CHF 185 million in sales on a pro-forma basis.
Sources
- Givaudan — to acquire majority stake in Eurofragance
- Global Cosmetics News — Givaudan acquires majority of Eurofragance
Image: Givaudan logo by Givaudan S.A. — Public domain, via Wikimedia Commons.
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