Givaudan has completed the acquisition of Belle Aire Creations, a US fragrance house established in 1982.
Known for its creative expertise and strong regional customer relationships, Givaudan said the acquisition of Illinois-based Belle Aire Creations reinforced its commitment to offering tailored fragrance solutions that reflect the diversity and vibrancy of the US market.
Maurizio Volpi, President of Fragrance & Beauty at Givaudan, said: “Together, we will create even greater value for our customers through agility, creativity, and shared passion for scent.
“I am also very happy to remind that, as part of this integration, Stacey David will keep the leadership of Belle Aire Creations, building on her outstanding track record and drive for growth that will be strongly beneficial to Givaudan.”
Stacey David, CEO of Belle Aire Creations, said: “We are delighted to join Givaudan and collaborate in shaping the future of fragrance creation.
“This partnership will build on our entrepreneurial spirit and customer intimacy, giving us access to global resources while maintaining the unique relationships that define Belle Aire Creations.”
While the terms of the deal will not be disclosed, Belle Aire Creations’ business would have represented approximately 65m Swiss francs ($80.8m) of incremental sales to Givaudan’s results in 2024 on a proforma basis.
Givaudan plans to fund the transaction from existing resources.
