Givaudan: acquires Fragrance Oils in UK
(CercleFinance.com) - Givaudan announces the acquisition of Fragrance Oils, a UK-based company, "manufacturer and marketer of innovative speciality fragrances for fine fragrances, personal and home care applications".
The company has a state-of-the-art manufacturing facility in Radcliffe, UK, has over 250 employees and sells its products in more than 90 countries - particularly in high growth export markets.
The terms of the deal were not specified, although in 2018 the Fragrance Oils business generated approximately 50 million pounds of additional revenue for Givaudan on a pro-forma basis.
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The company has a state-of-the-art manufacturing facility in Radcliffe, UK, has over 250 employees and sells its products in more than 90 countries - particularly in high growth export markets.
The terms of the deal were not specified, although in 2018 the Fragrance Oils business generated approximately 50 million pounds of additional revenue for Givaudan on a pro-forma basis.
Copyright (c) 2019 CercleFinance.com. All rights reserved.