As part of its 2025 strategy to grow with local and regional customers, Givaudan reached an agreement
to acquire a majority stake in Vollmens Fragrances Ltda. Terms of the deal were not disclosed. Based in Saltinho, Brazil, it operates across the Latin American region as well as Central America, Africa and North America.

Vollmens employs 180 professionals who are committed to serve the market with a strong focus on customers and on delivering creative and high-quality products, with agility, flexibility and excellence. The move provides a strong platform for growth, an exciting proposition for the customers and employees and other stakeholders of both companies, according to Givaudan.

A Fit with Expansion Plans

“Acquiring a majority stake in Vollmens Fragrances fits perfectly with our 2025 strategy to expand our presence with local and regional customers,” said Givaudan CEO Gilles Andrier. “This partnership will also further strengthen our business in the high growth markets of Latin America. We look forward to building a bright future together with the Mendes family.”

Vollmens employs 180. The partnership between Givaudan and the founding families of Vollmens will provide a strong platform for growth. It’s an exciting proposition for the customers, employees and other stakeholders of both companies. The founding family executives, Nestor Francisco Mendes and Rinaldo José Mendes, will continue to lead Vollmens going forward, as part of the agreement with Givaudan.

Reaching a Fast-Growing Consumer Segment

Maurizio Volpi, president of Givaudan’s Fragrance & Beauty said: “Vollmens Fragrances will bring expertise to Givaudan in serving the fast-growing mid-sized customer segment in Latin America. Through the partnership we have created with the current owners, we will leverage the complementary capabilities of both Givaudan and Vollmens to offer a winning proposition for customers and partners across the region.”

Nestor Mendes and Rinaldo José Mendes, founders and co-presidents of Vollmens, said they are excited to join Givaudan, a company that shares their passion for innovation and quality in the fragrance industry.

“Together, we will leverage our local expertise to create exceptional experiences for our customers in Brazil and beyond,” they said in a statement. This partnership marks a new and exciting chapter for us, and we look forward to starting this new moment with our stakeholders.”