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The flavor and fragrance company will purchase the French skin care ingredient manufacturer.
February 21, 2014
By: Jamie Matusow
Editor-in-Chief
Givaudan SA said Friday it had entered into exclusive negotiations to buy Soliance, a division of ARD – Agro-Industrie Recherches & Developpements. Soliance, which is based in France, manufactures cosmetic ingredients, including the use of micro-organisms and micro-algae to make materials used in skin creams. The price of the deal was not disclosed.
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