By Kim Richters Givaudan SA stated Thursday that it has acquired 25% of the shares in B.Kolormakeup & Skincare, with out disclosing the phrases of the deal. The Swiss flavor-and-fragrance firm funded the deal from current sources. “Under the phrases of the settlement, Givaudan has the choice however not the duty to amass a controlling stake in B.Kolor after a interval of three years,” it stated.
Italian firm B.Kolormakeup & Skincare is a contract producer for make-up and skincare merchandise and employs round 250 individuals. Write to Kim Richters at [email protected]