Firmenich takes minority stake in Robertet
Firmenich, a privately-owned perfume and flavor company, has reached an agreement with First Eagle Investment Management to acquire the stake held by its advisory clients in Robertet, representing approximately 17% of the share capital.
Firmenich, a privately-owned perfume and flavor company, has reached an agreement with First Eagle Investment Management to acquire the stake held by its advisory clients in Robertet, representing approximately 17% of the share capital.
“With its strong naturals portfolio in perfumery, flavors, and ingredients, Robertet is well positioned to benefit from consumers’ continued demand for authentic natural products,” said Gilbert Ghostine, CEO of Firmenich. “This investment is fully in line with our vision for sustainable and natural solutions.”
Firmenich is prepared to be a passive long-term shareholder of Robertet alongside the Maubert family. Firmenich is also open to having discussions for a larger participation or establishing a broader collaboration to support the long-term success of the company. Should it be invited to do so, Firmenich may also consider taking a controlling interest in Robertet.
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