Givaudan SA, the global leader in the creation of fragrances and flavours, announced the acquisition of 100% of the shares of Induchem Holding AG. Induchem's portfolio includes active ingredients, carrier systems and other formulation ingredients for cosmetic applications. While the terms of the deal have not been disclosed, Induchem's business would have represented approximately CHF 25 million of incremental sales to Givaudan's results in 2014 on a pro forma basis.

Givaudan has been advised by Homburger as legal counsel. The Homburger team was led by partner Dieter Gericke (Corporate | M&A) and included partners Franz Hoffet (Competition & Regulatory) and Reto Heuberger (Tax), as well as associates Andreas Müller, Daniel Häusermann and Valentin Jentsch and junior associate Stefan Luginbühl (all Corporate | M&A).