Givaudan today announces that it has completed the acquisition of b.kolormakeup & skincare, an innovative Italian company specialising in developing and producing finished makeup and skincare products for Consumer Packaged Goods, Indie Brands and Luxury Goods consumers. In line with its 2025 strategy to expand exposure and capabilities in Beauty with a focus on make-up, Givaudan announced in July 2021 that it had acquired 25% of b.kolor. This acquisition of the remaining 75% allows Givaudan to offer innovative solutions for make-up formulations and further widen its capabilities for skincare applications. This will enlarge its value proposition in the Beauty sector, having already a strong leadership in Fine Fragrances and Hair care. Maurizio Volpi, President of Givaudan’s Fragrance & Beauty Division, said “After 3 years of successful partnership with b.kolor, this is a great achievement for Givaudan to complete this acquisition, promising a very exciting journey. By sharing our creative and innovation capabilities, we will generate additional value to our respective customers by providing a complete offer combining high level of science with excellence in design.” Read the full media release: https://lnkd.in/eAS47iny #Givaudan #Humanbynature #CommittedtoGrowth
Interesting move from @Givaudan outside his core expertise…The beauty segment seems to be strategic to develop new customers and generate new incremental revenues
Sophie Zandl
2w
What a great fit! Amazing to see two of our suppliers merge their strengths for a bolder, more colorful future!
Congratulations!
good chance
Bravo!
Well done Maurizio
Felicidades! Es una alegría enorme trabajar para Uds!