Givaudan Takes Unsolicited Minority Stake in Robertet

PARIS — Robertet’s quest to remain independent becomes increasingly challenging, as Givaudan just took an unsolicited minority stake in the world’s largest natural fragrance and flavors maker. The move follows Firmenich entering the family-owned company’s capital late last year. Companies today are keen to tap into natural ingredient producers, which are key to nourishing the swiftly rising trend of natural fragrances and beauty products around the world. “Givaudan informs us that, as a result of market purchases, it now holds 108,109 Robertet shares representing 4.68 percent of the share capital and that its shares are registered,” Robertet said in a statement dated Feb. 4. “Robertet did not solicit the acquisition of this holding and it was not the subject of any negotiations.” Robertet said that to the best of its knowledge, its capital allocation now stands at 47.02 percent of the group’s capital and 67.5 percent of its voting rights being held by the Maubert family. Firmenich has 21.61 percent of the company and 11.27 percent of its voting rights; Givaudan, 4.68 percent and 3.19 percent, respectively, and “others,” 26.69 percent and 18.03 percent, respectively. “As has always been affirmed, the group’s independence remains the priority as it creates value and future growth,” Robertet said. In

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