Soliance provides innovative cosmetic solutions to its international clients and partners and develops high added-value active ingredients, derived from vegetable sources, microorganisms and microalgae.
While terms of the deal haven’t been disclosed, the Soliance operations would have represented approximately CHF 25m of incremental sales to Givaudan’s results in 2013 on a proforma basis.
Givaudan will fund the transaction from existing resources.
Source: Givaudan
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