June.13.2018
Orrick’s Paris team is advising Naturex on the takeover bid for the total of Naturex’s remaining capital launched by Givaudan. Following the first phase of the acquisition announced at the end of March, which enabled Givaudan to acquire 40.5% of Naturex’s capital, the group now wishes to purchase 59.5% of the capital. This would value the group at €1.3 billion.
Naturex’s acquisition by Givaudan is part of its strategy to create a fragrance market leader by 2020.
Our Paris-based team advising Naturex includes George Rigo, Alexis Marraud des Grottes, Julien Beloeil, Dimitrie Ramniceanu and Nour Ksibi on corporate aspects; Patrick Hubert and Marie-Laure Combet on competition aspects; Noël Chahid-Nouraï and Quirec de Kersauson on regulatory matters; Anne-Sophie Kerfant on tax matters; and Emmanuel Benard and Chek-Lhy Luu on employment law aspects.