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Givaudan To Buy Soliance

The flavor and fragrance company will purchase the French skin care ingredient manufacturer.

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By: Jamie Matusow

Editor-in-Chief

Givaudan SA said Friday it had entered into exclusive negotiations to buy Soliance, a division of ARD – Agro-Industrie Recherches & Developpements.

Soliance, which is based in France, manufactures cosmetic ingredients, including the use of micro-organisms and micro-algae to make materials used in skin creams.

The price of the deal was not disclosed.

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