After 20 years, a member of the owner family is returning to the Executive Management in the person of Roland Altenburger. Jürg Koller, former CEO for Switzerland, will be responsible for the company’s future growth strategy and internationalisation in his position as Group CEO. After studying business administration at the University of Zurich, Roland … Read more
Fragrances
Givaudan, the global supplier of flavours and fragrances, has completed the acquisition of Expressions Parfumées, a French fragrance creation house, from its current shareholders, Orfite and Expressions Parfumées’ management. Founded in Grasse in 1982, Expressions Parfumées is a pioneer of natural fragrance compounds and offers its NATCO range of perfumes designed to adapt to any … Read more
Inter Parfums has entered into an exclusive, worldwide license agreement with London-based Graff Diamonds for the creation, development and distribution of fragrances under the Graff brand. The eight-year agreement has three 3-year automatic renewal options, potentially extending the license until December 31, 2035. Commenting, Jean Madar, Chairman & CEO of Inter Parfums, Inc. stated, “For … Read more
L’Oréal and Armani have extended their license until 2050. Founded in Milan in 1975 by Giorgio Armani, the Italian fashion house attracts luxury customers from all over the world with its elegance. Since 1988 L’Oréal develops through its Luxury Division high-end lines of perfumes, skin care and make-up, benefiting from the inspiration of Mr. Armani. … Read more
Nearly 500 exhibitors from were present in Paris at ADF&PCD PARIS 2018, which took place on 31 January and 1 February 2018. This was a growth of over 25% compared with the 2017 edition. ADF&PCD PARIS 2018, the professional event dedicated to packaging solutions for aerosols, spray and dispensing systems and cosmetics, had 7,224 attending … Read more
Eurofragance, a company specialising in fragrance design and creation, is entering the United States market by acquiring a majority shareholding in Fragrance Design, based in Atlanta (Georgia). Eurofragance, which already operates in the American market through a plant and creative centre in Mexico, is now entering the United States. Fragrance Design by Eurofragance will keep … Read more
Saudi’s vibrant beauty industry has been underlined by a new exhibition in Jeddah, offering global suppliers of cosmetics, skincare, haircare, salon supplies, and fragrances a new pathway to the Middle East’s largest beauty and personal care market. The launch of Beautyworld Saudi Arabia 2018 comes as consumer and professional spending on beauty and wellbeing continues … Read more
The Scent & Care of Symrise posted a 3.3 % organic sales increase in the first nine months of the year. In the third quarter, organic growth reached even 7.7 %. Taking into account the sale of Pinova, sales in the segment amounted to € 960.1 million; as expected they were 3.7 % lower than … Read more
DreamScentz is a new patent-pending technology using the power of scent to optimise the quality of sleep. Based on the link between fragrance, positive mood states, and a proper night’s sleep, the company strives to thus provide solutions for people to sleep better across the world. In the company’s research on effects of odours on … Read more
The global fragrance-only fragrance house, CPL Aromas, has launched a £1 million scientific research centre in Northamptonshire. The CPL Aromas Research & Development (R&D) Centre is situated in Ironstone Way, Brixworth, near Northampton. In addition to the Brixworth facility, the Group has created a similar R&D Centre in Indonesia, as part of a recent £2 … Read more
Iberchem’s new financial sponsor is Eurazeo, a European investment company. The transaction is set to benefit Iberchem in pursuing its expansion plan by enlarging its workforce as well as its R&D installations and production plant. It also strengthens the company’s will to extend its footprint in new markets, consolidate its operations on the existing ones … Read more
Eurofragance, a specialist in fragrance design and creation, is captivating visitors at Beautyworld Middle East (BWME) in Dubai with " Scents∞ is a customised fragrance concept that has been developed for the perfumery, home and personal care sectors. Fragrances in this collection have been created by the perfumers Julia Rodriguez and Olaf Larsen. The fragrance … Read more
Givaudan laid the foundation for a new fragrance encapsulation centre in Singapore, thus demonstrating their ongoing commitment to invest in high growth markets. Gilles Andrier, CEO, said: “This investment is another step towards achieving our 2020 strategy ambitions. Consumers in high growth markets are increasing their demand for encapsulation technologies for their favourite fragranced products. … Read more
Ashland has acquired privately owned Pharmachem Laboratories, a provider of quality ingredients to the global health and wellness industries and high-value differentiated products to fragrance and flavor houses. Under terms of the stock purchase agreement, Ashland will pay $660 million in an all-cash transaction that is expected to be completed before the end of the … Read more
LVMH has acquired a majority share in Maison Francis Kurkdjian. Marc Chaya and Francis Kurkdjian will continue in their current roles as Chief Executive Officer and Creative Director, respectively, and will remain shareholders of the company. Maison Francis Kurkdjian has since its founding in 2009 created contemporary fragrances. Consistent with the vision of the two … Read more
Prestige beauty company, Designer Parfums, announces a new fragrance partnership with world renowned actress, singer, entertainer and producer, Jennifer Lopez. Working alongside Dilesh Mehta, Chairman and CEO of Designer Parfums, they will create new brand innovation and strategy to drive global growth for Lopez’s fragrance franchise. In 2003, Jennifer launched her debut fragrance, Glow by … Read more
Heinrich Follmann at the age of 62 and his son, Dr. Rainer Follmann, founded Follmann in 1977. The Minden-based family-owned company develops, produces and distributes speciality chemicals for the processing industry. Today, the Follmann Group comprises the operating and service company Follmann Chemie and the sales and development companies, Follmann and Triflex. But as well … Read more