Givaudan will acquire a majority stake in Vollmens Fragrances Ltda, a Brazilian fragrance house. 

Operating since 2004, Vollmens Fragrances Ltda is based in Saltinho, Brazil, and operates in Latin America, Central America, Africa, and North America.

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.”

The founding family executives, Nestor Francisco Mendes and Rinaldo José Mendes, will continue to lead Vollmens going forward, as part of the agreement with Givaudan.

The creation of a strong partnership between Givaudan and the founding families of Vollmens will provide a strong platform for growth.

Nestor Mendes and Rinaldo José Mendes, Founders and Co-Presidents of Vollmens Fragrances Ltda, commented, 

“We are excited to join Givaudan, a company that shares our passion for innovation and quality in the fragrance industry. Together, we will leverage our local expertise to create exceptional experiences for our customers in Brazil and beyond.”

Terms of the deal were not disclosed. 

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