Givaudan finalises Soliance purchase

摘要

Givaudan has put the finishing touches to buying up fragrance player Soliance in an effort to bolster its cosmetics R&D. The deal had been mooted for some time but the final purchase - the deal terms are unknown - of the active ingredients operator would have added ?20m to Givaudan's overall 2013 numbers. "Soliance represents Givaudan's first acquisition since that of Quest," Givaudan boss Gilles Andrier said. "Its current portfolio of active cosmetic ingredients and strong process development and research capabilities fit well into the five strategic pillars of Givaudan."