Fragrance Oils Ltd. (“FOIL”) has been sold to Givaudan SA (“Givaudan”).
Founded in 1967, privately-owned FOIL is a leading UK-based manufacturer and marketer of innovative specialty fragrances for fine fragrances, personal and home care applications. FOIL’s state-of-the-art manufacturing facility in Radcliffe, UK employs over 250 employees. FOIL sells its products in more than 90 countries, with an emphasis on high-growth export markets.
Givaudan is the global leader in the creation of flavours and fragrances for applications in food, beverage, consumer products and fine fragrances. Givaudan, with 2018 sales of CHF 5.5 billion, is headquartered in Switzerland and has 13,600 employees worldwide.
EC M&A* acted as exclusive financial advisor to FOIL on this transaction.
*Represents transaction executed by Senior Professionals at EC M&A at prior firms