Givaudan in talks to acquire French fragrance firm,Albert Vieille

摘要

Swiss supplier of fragrances,flavours and active cosmetic ingredients,Givaudan,is in exclusive negotiations to acquire Albert Vieille SAS,a French company specialised in natural ingredients used in the fragrance and aromatherapy markets.The move is part of the Swiss firm's 2020 strategy to expand capabilities of its fragrance business.Albert Vieille has unique knowhow in the realm of aromatic plants and specialises in 100% pure essential oils and speciality natural ingredients.With its origins dating back to 1920,and with more than 50 employees,Albert Vieille is based close to Grasse,in France,and has a manufacturing facility in Spain,with its products sold globally through a network of distributors.The company sources raw materials from across the world.