By
Reuters
Reuters
Published
Jul 3, 2017
Jul 3, 2017
France's Eurazeo buys majority stake in Spanish fragrances firm Iberchem
By
Reuters
Reuters
Published
Jul 3, 2017
Jul 3, 2017
Eurazeo announced on Monday the acquisition of Iberchem, a global producer of fragrances and flavors.
According to the French investment company, the deal is worth an nterprise value of 405 million euros.It is to invest around 270 million euros to become the majority shareholder, with a stake of around 70 pct, alongside the existing management team.
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