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Lucta Group Acquires Quintessence Fragrances

Published November 2, 2024
Published November 2, 2024
Fulvio Ciccolo via Unsplash

Quintessence Fragrances, headquartered in the UK and India, is now part of the Lucta Group, which will strengthen its global fragrance capabilities.WHO: Founded in 1982, Quintessence Fragrances is headquartered in the UK and India. Under the leadership of Indian entrepreneur Bharatrao Kamte, it has grown into a globally recognized company specializing in fine fragrance, personal care, and home fragrance.Lucta Group is a global company founded in Barcelona, Spain, in 1949, dedicated to manufacturing fragrances, flavors, and animal feed additives. Lucta Group has companies in Colombia, China, Spain, Mexico, Poland, Brazil, and the United States. WHY: This transaction strengthens Lucta’s global fragrance capabilities, leveraging Quintessence’s talent and opening new commercial segments in home care and fine fragrances.IN THEIR OWN WORDS: Carlos Ventós, CEO of Lucta, commented, “Quintessence’s strong position in key markets reflects a customer-focused philosophy that aligns with Lucta’s values and long-term approach. As a family-owned, independent company with 75 years of experience, we are excited to welcome the Quintessence passionate team and invest in their vision for the dynamic fine perfumery and home fragrance sectors.”Bharatrao Kamte, CEO of Quintessence Fragrances, highlighted, “The union of our two focused companies creates tremendous global opportunities for both our valued clients and dedicated teams. Lucta brings extensive knowledge of the European, US, and Latin American markets, along with expertise in gourmand innovations, while Quintessence continues to strengthen its presence in India, China, the UAE, and the UK.

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