85 727
Fashion Jobs
HENKEL
Senior Automation Tech
Permanent · GENEVA
ESSILORLUXOTTICA GROUP
Customer Service Representative
Permanent · EAST SYRACUSE
ESSILORLUXOTTICA GROUP
Customer Service Representative Classic Optical)
Permanent · YOUNGSTOWN
ESSILORLUXOTTICA GROUP
sr. Manager, Business Growth
Permanent · NEW YORK
ESSILORLUXOTTICA GROUP
Associate Manager, Trade Event Marketing
Permanent · DALLAS
ESSILORLUXOTTICA GROUP
Oakley - Specialized Consultant
Permanent · PEMBROKE PINES
ESSILORLUXOTTICA GROUP
Oakley - Sales Supervisor
Permanent · CAMARILLO
ESSILORLUXOTTICA GROUP
Naasc - Material Handler II (Inbound Team Lead)
Permanent · MCDONOUGH
ESSILORLUXOTTICA GROUP
Oakley Store Market Manager- Denver Market
Permanent · DENVER
ESSILORLUXOTTICA GROUP
Oakley - Specialized Consultant (Denver)
Permanent · DENVER
ESSILORLUXOTTICA GROUP
Wholesale - Analyst, Supply Chain (Vendor Compliance)
Permanent · PORT WASHINGTON
ESSILORLUXOTTICA GROUP
Essilorluxottica Wholesale - Sales Representative
Permanent · RALEIGH
ESSILORLUXOTTICA GROUP
Wholesale - Coordinator- Sales Operations (Rep Orders)
Permanent · PORT WASHINGTON
AMRG
Sales Supervisor - Full Time
Permanent · ROSEMONT
WALGREENS
Overnight Call Center Representative - Pharmacy (Onsite)
Permanent · CHANDLER
WALGREENS
Onsite Call Center Representative - Pharmacy (Part Time)
Permanent · CHANDLER
WALGREENS
Onsite Call Center Representative - Pharmacy (Full Time)
Permanent · CHANDLER
WALGREENS
Senior Manager, Merchandise Planning
Permanent · DEERFIELD
WALGREENS
Digital Commerce Associate Manager, Merchandising
Permanent · DEERFIELD
WALGREENS
General Warehouse Person Pendergrass Rfc
Permanent · PENDERGRASS
CALERES
Associate Manager - Famous Footwear
Permanent · MANKATO
NORTH CAROLINA STATE
County Extension Director
Permanent · GOLDSBORO
By
AFP
Translated by
Isabelle Crossley
Published
Aug 21, 2019
Reading time
2 minutes
Download
Download the article
Print
Text size

Givaudan acquires British perfume business Fragrance Oils

By
AFP
Translated by
Isabelle Crossley
Published
Aug 21, 2019

The Swiss group Givaudan, a world leader in fragrances, continues with its acquisitions drive with its purchase of the British perfume and scents manufacturer Fragrance Oils. Givaudan announced the acquisition on Wednesday, without disclosing the details of the transaction.


Pixabay


This acquisition will allow Givaudan to strengthen its position in the local and regional market, the Geneva-based group said in a statement. 

Founded in 1967, the British business Fragrance Oils manufactures scents used in the perfume industry as well as in personal care and household cleaning products. The business’ production site is located in Radcliffe, northwest of Manchester, and it employs over 250 people and exports its products to over 90 countries, according to Givaudan.

Although the value of the acquisition transaction has not been disclosed, it represents an additional annual turnover of approximately £50 million ($60.7 million) for the business, based on Fragrance Oils’ 2018 financials on a pro forma basis. 

Last year, Givaudan reported a turnover of 5.5 billion Swiss francs, of which 2.5 billion Swiss francs came from its perfume business. 

“The acquisition of Fragrance Oils is another step towards expanding our capacity to serve our local and regional customers,” said Givaudan’s CEO Gilles Andrier.

Following a long pause in its external growth operations, Givaudan has increased its number of small-scale acquisitions since its 2014 takeover of the French business Soliance. This acquisition had enabled Givaudan to strengthen its position in the cosmetics ingredients sector.

In 2018, the business made a large-scale acquisition with its takeover of the French business Naturex as it also continued making small-scale acquisitions. 

Notably, Givaudan has acquired the French businesses Expression Parfumées and Albert Vieille. At the end of July, the business also announced its acquisition of the German perfume business Drom. 

Copyright © 2024 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.