Brief: Givaudan To Acquire US-Based Fragrance House Belle Aire Creations
01/10/2025 06:33
Oct 1 (Reuters) - GIVAUDAN GIVN.S: SAID ON TUESDAY TO ACQUIRE US-BASED FRAGRANCE HOUSE BELLE AIRE CREATIONS TERMS OF THE DEAL WILL NOT BE DISCLOSED BELLE AIRE CREATIONS' BUSINESS WOULD HAVE REPRESENTED APPROXIMATELY CHF 65 MILLION OF INCREMENTAL SALES TO GIVAUDAN'S RESULTS IN 2024 ON A PROFORMA BASIS PLANS TO FUND THE TRANSACTION FROM EXISTING RESOURCES THE TRANSACTION IS EXPECTED TO CLOSE BY THE END OF 2025 OR EARLY IN 2026 Further company coverage: GIVN.S (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))