Givaudan Announces Strategic Collaboration with Microcaps

Givaudan, the world's leading fragrance and beauty company, today announced an equity investment and strategic collaboration with Swiss company Microcaps AG to expand its encapsulation capabilities, consolidating its leadership in fragrance innovation and customer-focused solutions.

Encapsulation technology improves fragrance performance, allows for longer-lasting fragrances, and increases consumer satisfaction in a wide range of fine fragrance, beauty, and personal care products. This collaboration brings together Givaudan's market-leading fragrance formulation expertise and Microcaps' patented cutting-edge precision microencapsulation technology, particularly in the area of non-alcoholic fine fragrance performance, creating new opportunities for high-performing fragrances and beauty applications.

Maurizio Volpi, President of Fragrance and Beauty, commented, "Partnering with Microcaps is a strategic decision that will strengthen our inventive skills. Together, we will continue to deliver outstanding fragrance experiences that inspire and thrill our customers throughout the world."

Jeremy Compton, Global Head of Science & Technology at Fragrances, stated, "Encapsulation is one of the most inventive technologies in our industry. By combining Givaudan's considerable fragrance development and innovation knowledge with Microcaps' breakthrough technology, we can find new methods to improve performance and sustainability for clients across a wide range of fragrance and skincare applications."

Dr. Alessandro Ofner and Michael Hagander, Microcaps' creators and co-CEOs, said, "We are delighted to cooperate with Givaudan, the world leader in smell and beauty. This arrangement allows us to scale our technology and bring scientific precision to a bigger market. Working with Givaudan opens up new options for creativity. Together, we can redefine what high precision encapsulation means in the fragrance and cosmetics industries.

With this collaboration, Givaudan underlines its commitment to innovation, excellence, and leadership, taking another step toward creating the future of perfumes and beauty.

Source: Givaudan