Eurofragrance Sells Flavors Branch

European Flavours & Fragrances acquired the business for an undisclosed sum.

PARIS — Spain’s Eurofragrance said it sold its flavors division to European Flavours & Fragrances this week.


Terms of the deal were not disclosed.


According to Eurofragrance, the sale was made “for strategic purposes and to focus on [the company’s] fragrance business unit.”


Eurofragrance’s fragrance division’s sales have increased 10 percent per year since the company’s start in 1990.