Givaudan buys 25% stake in skincare company b.kolormakeup

FILE PHOTO: An worker mixes liquid fragrances in a bottle in a laboratory of Swiss flavours and fragrances maker Givaudan in the city of Duebendorf, Switzerland November 5, 2015. REUTERS/Arnd Wiegmann/File PhotoZURICH (Reuters) – Givaudan has acquired 25% of b.kolormakeup & skincare, an Italian specialist in make-up and skincare merchandise for packaged items corporations and luxurious prospects, the Swiss flavourings and perfume maker stated on Thursday.The phrases of the deal weren’t disclosed and Givaudan funded the transaction from current sources, it stated. Givaudan has the choice however not the duty to accumulate a controlling stake in b.kolor after three years, it added.Reporting by John Revill; Editing by Riham Alkousaa

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