Givaudan has acquired the remaining 75% of b.kolormakeup & skincare, enhancing its capabilities in makeup and skincare as part of its strategy to expand in the beauty market.

Target Company Overview

Givaudan, a global leader in the Fragrance and Beauty industry, has successfully completed the acquisition of b.kolormakeup & skincare (b.kolor), an innovative Italian firm specializing in the development and production of finished makeup and skincare products for Consumer Packaged Goods, Indie Brands, and Luxury Goods markets. Founded in 2000 and located near Milan, b.kolor employs over 300 professionals and is recognized for its expertise in creative formulation design, focusing on innovation and sensory benefits alongside state-of-the-art technical performance.

Industry Overview in Italy

The beauty industry in Italy is renowned for its rich heritage and innovative approaches, combining artistry with technical excellence. Italy continues to be a dominant player in the global market, not only for luxury goods but also for emerging Indie Brands that cater to niche segments of consumers. The industry thrives on creativity and quality, with manufacturers often leveraging Italy's cultural significance in fashion and beauty to carve out a competitive edge.

In recent years, there has been a notable rise in demand for sustainable and ethically produced beauty products. Consumers are increasingly looking for brands that align with their value