{"id":42943,"date":"2019-07-25T16:25:11","date_gmt":"2019-07-25T14:25:11","guid":{"rendered":"https:\/\/newserver.fyb.de\/gleiss-lutz-advises-givaudan-on-acquisition-of-drom-fragrances\/"},"modified":"2019-07-25T16:25:11","modified_gmt":"2019-07-25T14:25:11","slug":"gleiss-lutz-advises-givaudan-on-acquisition-of-drom-fragrances","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/gleiss-lutz-advises-givaudan-on-acquisition-of-drom-fragrances\/","title":{"rendered":"Gleiss Lutz advises Givaudan on acquisition of drom fragrances"},"content":{"rendered":"<p>Baier\u00adbrunn \u2014 A <strong>Gleiss Lutz team<\/strong> has advi\u00adsed <strong>Givau\u00addan SA,<\/strong> the worl\u00add\u2019s largest fragrance manu\u00adfac\u00adtu\u00adrer, on the acqui\u00adsi\u00adtion of <strong>drom frag<\/strong> rances GmbH &amp; Co KG from its owners, Dr. Ferdi\u00adnand Storp and Dr. Andreas Storp. The tran\u00adsac\u00adtion is expec\u00adted to close at the begin\u00adning of the third quar\u00adter of 2019. The details of the tran\u00adsac\u00adtion are not disclosed.<\/p>\n<p>Givau\u00addan is the worl\u00add\u2019s leading manu\u00adfac\u00adtu\u00adrer and deve\u00adlo\u00adper of flavors and fragran\u00adces. Givau\u00addan deve\u00adlops flavors and fragran\u00adces in close colla\u00adbo\u00adra\u00adtion with part\u00adners in the food, beverage, consu\u00admer goods and perfume sectors. In 2018, the company, head\u00adquar\u00adte\u00adred in Vernier, Switz\u00ader\u00adland, gene\u00adra\u00adted sales of around 6 billion euros (5.5<br>\nbillion Swiss francs). Givau\u00addan employs nearly 13,600 people at more than 145 sites worldwide.<\/p>\n<p>Drom fragran\u00adces is an inter\u00adna\u00adtio\u00adnally active perfume manu\u00adfac\u00adtu\u00adrer based in Munich. Foun\u00added over 100 years ago, the family-owned company works with nume\u00adrous custo\u00admers in the consu\u00admer goods and fine fragrance indus\u00adtries. Drom employs 489 people world\u00adwide&nbsp;at<br>\nfour produc\u00adtion sites in Germany, China, the USA and Brazil and gene\u00adra\u00adted sales of around 110 million euros in the past fiscal year.<\/p>\n<p>The follo\u00adwing Gleiss Lutz team advi\u00adsed Givau\u00addan on the tran\u00adsac\u00adtion: Dr. Alex\u00adan\u00adder Schwarz (Part\u00adner, Lead, D\u00fcssel\u00addorf), Dr. Martin Viciano Gofferje (Part\u00adner, Berlin), Dr. Reimund von der H\u00f6h, Fried\u00adrich Baum\u00adg\u00e4r\u00adtel, Dr. Fabian Mumme (all D\u00fcssel\u00addorf,&nbsp;all<br>\nCorporate\/M&amp;A), Dr. Ulrich Denzel (Part\u00adner, Anti\u00adtrust, Stutt\u00adgart), Dr. Tim Weber (Part\u00adner, Real Estate, Frank\u00adfurt), Dr. Phil\u00adipp Pich\u00adler (Anti\u00adtrust, Stutt\u00adgart), Michael Neher (Real Estate), Patrick Reuter, Yvonne Gers\u00adter (both Finance, all Frank\u00adfurt), Dr. Johann Wagner (Part\u00adner), Dr. Hendrik Marchal (Coun\u00adsel, both Tax, Hamburg), Dr. Manuel Klar (Data Protec\u00adtion Law, Munich).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Baier\u00adbrunn \u2014 A Gleiss Lutz team has advi\u00adsed Givau\u00addan SA, the worl\u00add\u2019s largest fragrance manu\u00adfac\u00adtu\u00adrer, on the acqui\u00adsi\u00adtion of drom frag rances GmbH &amp; Co KG from its owners, Dr. Ferdi\u00adnand Storp and Dr. Andreas Storp. The tran\u00adsac\u00adtion is expec\u00adted to close at the begin\u00adning of the third quar\u00adter of 2019. The details of&nbsp;the&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":42953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366],"tags":[],"class_list":["post-42943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","news-category-deals-news-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gleiss Lutz advises Givaudan on acquisition of drom fragrances - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/gleiss-lutz-advises-givaudan-on-acquisition-of-drom-fragrances\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gleiss Lutz advises Givaudan on acquisition of drom fragrances - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Baier\u00adbrunn \u2014 A Gleiss Lutz team has advi\u00adsed Givau\u00addan SA, the worl\u00add\u2019s largest fragrance manu\u00adfac\u00adtu\u00adrer, on the acqui\u00adsi\u00adtion of drom frag rances GmbH &amp; Co KG from its owners, Dr. Ferdi\u00adnand Storp and Dr. Andreas Storp. 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