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Givaudan Completes Acquisition of U.S. Fragrance Maker Belle Aire Creations

The purchase is expected to add about 65 million Swiss francs to Givaudan’s 2024 sales on a pro-forma basis.

Overview

  • The company said it will fund the transaction from existing resources.
  • Financial terms of the deal were not disclosed.
  • Givaudan cast the move as a push to deepen relationships with local and regional clients in North America and expand creative capabilities.
  • Belle Aire leader Stacey David will remain in charge through integration to help preserve the firm’s regional customer ties.
  • Givaudan highlighted a focus on tailored solutions for the diverse U.S. market, noting its 2024 sales totaled 7.4 billion Swiss francs.