Announced
Synopsis
Givaudan, a Swiss multinational manufacturer of flavours, fragrances and active cosmetic ingredients, agreed to acquire Custom Essence, a US based fragrance creation house. Financial terms were not disclosed. "We are proud to join Givaudan and to bring in our knowledge in natural fragrance creation, as well as our reach to local and regional customers. Givaudan’s technology, regulatory, supply chain, and international manufacturing support will enable us to scale quickly to provide even better value to our customers. We are looking forward to creating together the beautiful fragrances that consumers love," Prashun Patel, Custom Essence COO.
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