Firmenich acquired a 17% stake in Robertet for $300m.

Firmenich, the world's largest privately-owned Perfume and Taste Company, acquired a 17% stake in Robertet, a French fragrance and flavor manufacturer that specializes in natural raw materials, from advisory clients of First Eagle Investment Management for $300m. "With its strong naturals portfolio in Perfumery, Flavors and Ingredients, Robertet is well positioned to benefit from consumers' continued demand for authentic natural products. This investment is fully in line with our vision for sustainable and natural solutions." Gilbert Ghostine, CEO, Firmenich.