Givaudan Completes Acquisition of Soliance

Its first acquisition since Quest, Givaudan SA has completed its acquisition of 100% of the shares of Soliance SA and its subsidiaries.

The deal aims to strengthen Givaudan's process and research capabilities and it will gain Soliance's active cosmetic ingredients portfolio. Soliance currently has two sites in France, located in Pomacle and Ile Grande, and employs 96 people.