We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Jun 13, 20248:08pm

Givaudan strengthens portfolio: acquires Indena’s cosmetics business

The terms of the agreement have not been disclosed. The deal is expected to close in the first quarter of 2020.

Nov 26, 2019 — 7:29pm

Givaudan strengthens portfolio: acquires Indena’s cosmetics business



Givaudan goes shopping again. The Swiss fragrance and flavors supplier has reached an agreement with the Italian Indena to acquire its cosmetics business. The terms have not been disclosed. The deal is expected to close in the first quarter of 2020 and will be funded with existing resources.


Indena specializes in the identification, development and production of active ingredients coming from plants for pharmaceutical, health and personal use in the industry. “They have an excellent reputation in the market thanks to the quality of their ingredients, offering an expanded portfolio based on plants that complement our current portfolio very well, ” stated Maurizio Volpi, president of the fragrance division of Givaudan.


With this deal, Givauden continues to gain strengthen its portfolio. In August, it acquired its British competitor Fragance Oils, in July the German fragrance manufacturer Drom, and in May Golden Frog, a Vietnamese manufacturer of natural aromas. The amount of the three deals has not been disclosed.


Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment