Givaudan completed the acquisition of a 25% stake in b.kolormakeup & skincare.

Givaudan, a Swiss multinational manufacturer of flavours, completed the acquisition of a 25% stake in b.kolormakeup & skincare, an Italian company specialized in developing and producing end-to-end products in make-up and skincare. Financial terms were not disclosed. "By sharing our creative and innovation capabilities, we will be able to generate additional value to our respective customers by providing a complete offer combining high levels of science, excellence in design and end-product manufacturing. This will benefit all our customers as they will gain speed to market with very innovative finished products,” Maurizio Volpi, Givaudan President Fragrance & Beauty.