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- Sep 17, 2026
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Fragrances: Symrise completes acquisition of Floral Concept (opens the original)
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The specialist in fragrances and flavors, cosmetic bases, actives, and functional ingredients has finalized the acquisition of Floral Concept, announced in July, taking full ownership of the company. The acquisition strengthens Symrise’s portfolio of premium natural ingredients. Together with Lautier 1795, Floral Concept will form a dedicated hub for natural perfumery ingredients, located in the heart of the Grasse region. “Today marks an exciting new chapter for Floral Concept. Joining Symrise
Silab: An agronomic research center to better harness plant-based materials (opens the original)
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The French manufacturer of purified, patented natural active ingredients for the cosmetics and dermo-cosmetics industry has been operating since 2024 its Agronomic Studies and Research Center (CREA) to study species and varieties of interest and develop cultivation itineraries for botanical raw materials the group uses in its operations. Located in Silab’s single site in Saint-Viance, France, the CREA spreads across 5 hectares and has 6,000 m2 of farming tunnels. Its purpose is to provide techni
Robertet: Fragrances drive mixed H1 2026 performance (opens the original)
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The natural fragrance and flavor ingredients specialist reported on Friday, July 23, an organic growth of 2.8% (at constant exchange rates and scope) for the first half of 2026, falling well short of analysts’ expectations. Consolidated net revenue for the first half of 2026 amounted to EUR 444 million (USD 505), down slightly (-0.5%) compared with the same period in 2025. According to Robertet, the decrease was largely the result of unfavorable exchange rate movements — primarily the appreciati
Givaudan's first-half profit weighed down by currency headwinds (opens the original)
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Swiss fragrance and flavor group Givaudan reported lower-than-expected first-half net profit on Thursday, July 23, as the strong Swiss franc and one-off costs weighed on earnings, sending its shares sharply lower. For the January-to-June period, the Geneva-based group recorded CHF 103 million (EUR 110 million or USD 126) in non-recurring costs — ranging from restructuring charges to litigation provisions — which dragged down net profit by 19.8% to 475 million francs. Revenue fell 1.7% from the s
LVMH appoints Yann Musquin as head of its perfume division (opens the original)
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LVMH, the world’s largest luxury group, announced on Thursday, July 23, the appointment of Yann Musquin as Chief Executive Officer of LVMH Fragrance Brands, succeeding Romain Spitzer, who recently joined rival Kering. In his new role, Musquin will oversee the development of Givenchy Parfums and Kenzo Parfums, with a mandate to further strengthen the desirability of both brands while accelerating the growth of LVMH Fragrance Brands’ portfolio, the group said. Yann Musquin will assume the role on
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