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Announced

Completed

Givaudan completed the acquisition of Drom.

Synopsis

Givaudan, the global leader in flavours and fragrances, completed the acquisition of Drom, a fragrance producer. Financial terms were not disclosed. “Drom is a much respected international fragrance house that has developed a strong customer base, in particular with local and regional customers, thanks to their creativity and excellent service levels. The complementary nature of both businesses will further enhance our capabilities in serving customers across all segments and geographies.” Maurizio Volpi, Givaudan Fragrance Division President.

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