As part of its 2025 strategy to grow with local and regional customers, Givaudan will acquire Vollmens.WHO: Operating since 2004, Vollmens Fragrances Ltda is based in Saltinho, Brazil, and operates across the Latin American region as well as Central America, Africa, and North America. The award-winning fragrance house has been crafting scents across the fine perfumery, personal care, home care, and pet care markets. The company employs 180 people.With a heritage stretching back over 250 years, Givaudan has a long history of innovating scents and tastes. In 2024, Givaudan employed over 16,900 people worldwide and achieved CHF 7.4 billion in sales with a free cash flow of 15.6%.WHY: The partnership is expected to strengthen the Swiss fragrance and flavors supplier’s reach in Latin America.IN THEIR OWN WORDS: Gilles Andrier, CEO of Givaudan, said, “Acquiring a majority stake in Vollmens Fragrances fits perfectly with our 2025 strategy to expand our presence with local and regional customers. This partnership will also further strengthen our business in the high growth markets of Latin America and we look forward to building a bright future together with the Mendes family.”Maurizio Volpi, President of Givaudan’s Fragrance & Beauty, said, “Vollmens Fragrances will bring expertise to Givaudan in serving the fast-growing mid-sized customer segment in Latin America. Through the partnership we have created with the current owners, we will leverage the complementary capabilities of both Givaudan and Vollmens to offer a winning proposition for customers and partners across the region.