PRESS NOTES
Banco Sabadell acquires 25% of Eurofragance S.L. through Aurica XXI	07/08/2010	More info > open pdf
July 8, 2010. Through its investment vehicle Aurica XXI SCR, Banco Sabadell has acquired 25% of Eurofragance S.L., based in Rubí (near Barcelona, Spain), whose main activity is the design and production of fragrances and flavours. Its products are primarily aimed at the food, perfumery and personal hygiene industries. Eurofragance is a family-owned company, founded in 1990. Today, the company is headed by Santiago Sabatés, who co-founded the company together with his father Jordi Sabatés. The company’s modern facilities stand at almost 10,500 square metres in addition to subsidiaries in Turkey, Philippines, Mexico and Dubai. In total it employs 112 people. In 2009 the company's sales amounted to EUR 22 million and sales for 2010 are forecast to reach EUR 30 million, of which 80% are exports. Aurica XXI’s investment has been financed through a capital increase. These new resources will be used to implement an ambitious growth plan, organically as well as through acquisition. As a consequence of becoming a shareholder, Aurica XXI will be incorporated into the Board of Directors of Eurofragance. The vendor was advised by Alta Partners and Cuatrecasas. KPMG carried out due diligence and Freshfields provided legal advice to the buyer.
Eurofragance turns over €M22 in 2009	02/08/2010	More info > open pdf
• A commitment to targeting diverse markets is behind these performance figures according to the Spanish firm that engages in the creation, sale and marketing of fragrances and aromas • 70% of turnover is from exports • An investment of €M1.3 saw the company recently double the size of its Fragrances division Barcelona, 11 February 2010. Eurofragance, a company that creates, sells and markets fragrances and aromas, posted a turnover of €M22 for 2009, versus €M20 for 2008. The company recorded net profits of €M2.5 versus €1.4M for 2008. Eurofragrance’s manifest international vocation has stood out since its incorporation in 1990. The company heads the Terrassa Chamber of Commerce export rankings. 70% of turnover is from exports. According to the company it is this diversity of markets and products that are the key reasons behind these figures. The Fragrances division accounts for 85% of turnover. Eurofragance has clients in over 40 countries, and has made important headway in the Middle East and Asia. The company has extended its sales network to all areas where it operates and has also set up several subsidiaries: The Philippines, Turkey and a sales office in Russia. Santiago Sabatés, General Manager, says “Eurofragance’s exports have been vital in side-stepping the crisis. We are selling in markets where the economic recession has been short-lived. Our sales target for 2010 is €M25. Located in Rubí, with a workforce numbering 100, Eurofragance has just enlarged its premises by purchasing the land adjacent to its Fragrances plant. The investment totalled €M1.3 and will enable the company to double the size of its Fragrances division. About Eurofragance Eurofragance is an Spanish company dedicated to the design and production of fragrances and aromas. Founded in 1990, it has already managed to ´capture sensations´ almost everywhere in the world. Eurofragance maximises its solid advantage of extensive experience, infused with the youth and drive of a team that works every day to satisfy all its customers’ requests and suggestions. Thanks to its expansive sales network, Eurofragrance is able to get closer to its customers in every country, and in their own language. Customers in more than 40 countries have already proven their commitment to obtaining new fragrances and reconstructing natural elements to the maximum. Eurofragance is located in Rubí, 15 Km from Barcelona. It has modern facilities of more than 10,000 m2 with semi-automatic and automatic systems for creating its formulas. From its annual fragrance and aroma production of over 2000 MT, a large part is assigned to exports. For more press information: Newsline: 00 34 93 580 10 12 Pamela Espigares / Miguel Ramos E-mail: pespigares@newsline.es
EUROFRAGANCE ENLARGE ITS FACILITIES	01/15/2010	More info > open pdf
• The company has purchased the land and facilities next to its Fragrances building, thus doubling its space. • The total investment amounts to €1.3M. Barcelona, 14 January 2010 - Eurofragance has purchased the facilities next to its Fragrances building, which was previously occupied by the company Cimasa Industria Química. Located in the town of Rubí (Barcelona), the land sits at Avenida de la Llana, 119. The area of the land totals 3,030 m2 while the gross floor area covers 1,236 m2, divided over two floors: one measuring 964 m2 and the other 272 m2. The facilities are 15 years old and have a business license for a chemical company, exactly what Eurofragance requires to carry out its activity. The purchase was made through Adrinau 2002 S.L., a company of the Eurofragrance group. The total investment (purchase and refurbishment) amounts to €1.3M. The transaction has been financed by Banc de Sabadell while the firm Cuatrecasas, Gonçalves Pereira acted as legal advisor. Eurofragance purchased its current facilities in 1995. It was comprised of 3,000 m2 of land and covered a net floor area of 827 m2. Three years later, in 1998, it was expanded to 2,000 m2. The company’s constant growth has made it necessary to acquire new facilities, which shall be used by its Fragrances division. The company will move onto the new premises, which will have laboratories, warehouses and office space, in phases. It will first occupy the warehouse, as the merchandise receiving area and storage are moved into the new facilities. In the meantime, the works to prepare and adapt the space will start. Once these works are completed, the factory will be expanded. Thus, neither the company’s production capacity nor activity will be affected at any time. Santiago Sabatés, the company’s General Manager, states that “with this acquisition, Eurofragance confirms its intention to continue investing in order to ensure its ongoing expansion”. The company has a long history creating Oriental fragrances. It is no surprise that Eurofragance currently leads the business ranking of the Barcelona Chamber of Commerce in countries outside the European Union. It has customers in more than 40 countries and generates 70% of its sales in the Middle East and Asia. The company still has two locations in Rubí at the La Llana Industrial Estate: one belongs to the Fragrances division, which will soon be double the size, and another on the street Calle del Pont de Can Claverí, allocated to Aromas. Its turnover in 2008 totalled 20 million euros and today, its staff is comprised of 100 employees, 52% of which are women. About Eurofragance Eurofragance is an Spanish company dedicated to the design and production of fragrances and aromas. Founded in 1990, it has already managed to ´capture sensations´ almost everywhere in the world. Eurofragance maximises its solid advantage of extensive experience, infused with the youth and drive of a team that works every day to satisfy all its customers’ requests and suggestions. Thanks to its expansive sales network, Eurofragrance is able to get closer to its customers in every country, and in their own language. Customers in more than 40 countries have already proven their commitment to obtaining new fragrances and reconstructing natural elements to the maximum. Eurofragance is located in Rubí, 15 Km from Barcelona. It has modern facilities of more than 10,000 m2 with semi-automatic and automatic systems for creating its formulas. From its annual fragrance and aroma production of over 2000 MT, a large part is assigned to exports. For more press information: Newsline: 93 580 10 12 Pamela Espigares / Miguel Ramos E-mail: pespigares@newsline.es
EUROFRAGANCE INTRODUCES THE ESSENCES BIO WOMEN AND BIO MEN	11/12/2009	More info > open pdf
Eurofragance introduces the essences BIO WOMEN and MEN • Both essences are Ecocert certified and take part of Naturall, the brand that defines Eurofragance’s natural fragrances • They are composed of natural raw materials, and they are manufactured, controlled and issued producing the least impact on the environment Barcelona, 16 june 2009.- Eurofragance has recently won Ecocert certification. NATURALL is the brand that will define the natural fragrances of the company. ECOCERT reflects the principles that guarantee the true practice of respect for the environment, throughout the entire production chain, consumer respect and appreciation of natural substances of higher ecological quality. The concept NATURALL be available to all businesses looking for exclusive natural designs. This brand introduces two fragrances, for men and women. The female, BIO WOMEN, is a fresh perfume. It features a bright output of bergamot, sweet orange limeta, tangerine and yellow lemon. Lights with hints of ginger, nutmeg and coriander. The fund provides the sensuality of patchouli, and cedar Amiris. BIO MAN has an output of fresh nutmeg and cloves, mixing with the chord of wild sage and wild Lavandin. Its background is intensely masculine, vetiver, cedar, cypress and patchouli, which closes the perfume. About Eurofragance Eurofragance is a Spanish company devoted to designing and producing fragrances and aromas. It has already managed to ´capture sensations´ almost everywhere in the world since it was founded in 1990. Eurofragance maximizes the solid advantage of vast experience, impregnated with the youth and drive of a team of people who make a daily effort to satisfy all of its customers' requests and suggestions. A vast business network enables Eurofragance to be closer to its customers in each country, in their own language. Customers from over 40 countries have already proven its commitment toward obtaining new fragrances or reconstructing natural elements to the limit. Eurofragance is located in Rubí, 15 km from Barcelona. It has modern facilities of nearly 6000 m2 with semi-automatic and automatic systems for manufacturing its formulas. Out of an annual production of 2000 metric tons of both fragrances and flavours, a large part is assigned to exports. For more Press Information: Newsline: 93 580 10 12 Pamela Espigares/Miguel Ramos E-mail: pespigares@newsline.es
Eurofragance takes part in the SEQC Scientific-Technical Convention about BIO Cosmetics	11/10/2009	More info > open pdf
Natural cosmetics are booming because of their many advantages and they are now a healthy alternative chosen by many people. Environmental awareness and the search for a healthier lifestyle tip consumers towards choosing reliable products that offer benefits not just for themselves, but also for the environment. But what do concepts such as BIO, ecological, natural, green, organic…really entail? The Spanish Society for Cosmetic Chemicals is holding a Scientific-Technical Convention about BIO Cosmetics on 11th and 12th November in Barcelona. This is an opportunity to find out how these kinds of products are made, which ingredients are used and what the most suitable kind of packaging is. Bettina Perisson, a perfumer at Eurofragance, will be giving a lecture on the 12th entitled “Fragrances for natural and organic cosmetics”, where she will be talking about the key aspects that must be taken into account when making high quality fragrances for natural products. What is a natural fragrance? It is an essence in which all chemically produced ingredients have been eliminated. Fragrances certified by ECOCERT, for example, are made from 100% natural materials or of natural origin. Some of them are produced organically. They have been made, controlled and dispatched using environmentally friendly methods, with a minimally aggressive impact. Natural cosmetics offer numerous advantages for the skin’s health. Not only are they non aggressive, but they also strengthen and improve the skin’s functions thanks to the natural plant extracts used. They have no side effects and the sensory experience is superior. Recently, Eurofragance launched its range of natural sustainable products, NaturAll, available to all companies wishing to design exclusive natural products. The company is aware of the importance of looking after the planet and wishes to contribute and help all companies that want to move towards sustainability, not only in their actions but also in the products and items they manufacture and sell.
EUROFRAGANCE LAUNCHES THE NEW LINE OF NATURAL FLAVOURS NATURtaste	09/09/2009	More info > open pdf
• Flavours elaborated exclusively with natural origin ingredients • Flavours conceived for our clients to add value to their products. Barcelona, 9th September 2009.- The number of consumers aware of the need to change their consumption habits in order to protect the environment is gradually increasing. These consumers not only wish to take care of their surroundings, but also of their health by keeping a healthy and balanced diet. Focused on them, Eurofragance launches its natural scents line NATURtaste, exclusively elaborated with 100% natural origin ingredients. These flavours are attractive due to its abundant benefits: • Provide added values: balanced and quality taste in the final product. • Healthy. • Can be applied to a great variety of products. Eurofragance presents the following natural flavours: Fruit flavours of strawberry, cherry, cranberry or natural blackcurrants with slightly scented, fruity and sweet top notes. The middle notes are very specific to each product and the base notes are fresh and slightly acid. Citric flavour of lemon, orange and cola with refreshing top notes and typical body, with a sweet touch and sometimes seasoned (like with cola), with acid reminiscences and a juice and peel note. Tropical product line with Mango, Pineapple and Peach scents. They have fruity and perfumed top notes, sweet and typical middle notes with a common tropical scent and a soft acid base note. About Eurofragance Eurofragance is a Spanish company dedicated to the design and production of fragrances and scents that since its creation in 1990, has managed to ´capture sensations´ all around the world. Eurofrangance takes advantage of its extensive experience, impregnated by the youth and dynamism of a team of persons making a daily effort to satisfy the suggestions and petitions of all its customers. A broad commercial network allows Eurofragance to be closer to its clients in each country and using their own language. Its clients in more than 40 countries have already proven its commitment with searching new fragrances and using as much natural elements as possible. Eurofragance is located in Rubí, 15 Km from Barcelona. It has modern facilities of approximately 6,000 m2 equipped with semi-automatic and automatic systems for elaborating its formulas. With an annual production of more than 2,000 Tm. between fragrances and scents, it exports a great part of the same. For further Press information: Newsline: +34 93 580 10 12 Pamela Espigares / Miguel Ramos E-mail: pespigares@newsline.es
EUROFRAGANCE OBTEINS ECOCERT CERTIFICATION AND LAUNCHES NaturAll	01/07/2009	More info > open pdf
Barcelona, January 7, 2009.- Eurofragance has obtained ECOCERT certification. This reference system and its seal reflect the quality principles that guarantee the true practice of respecting the environment throughout the entire production line, respecting consumers and valuing high quality environmentally friendly natural substances. In the field of organic cosmetics, ECOCERT has developed a series of principles called “the reference system”, and they are reflected on a seal of guarantee. These principles mark the quality guidelines for natural and environmentally friendly products for participating companies. Eurofragance represents its sustainable natural product line through NaturAll. The NaturAll concept will be available to all those companies that would like natural, exclusive designs. In the words of the Eurofragance’s Managing Director, Santiago Sabatés, --“At Eurofragance we are aware of the importance of taking care of the planet. That is why we would like to contribute and to help all of the companies. Just like we do, they want to act sustainably, not just in their way of doing things but also in the products and items that they manufacture and market”. Why ECOCERT? Thanks to this certificate, Eurofragance has consolidated its commitment with the environment to grow sustainably. To celebrate the creation of the NaturAll line, Eurofragance has launched its ECOCERT certified ranges of essences. Likewise, the company is aware of the high degree of confusion on the market with regard to the term “biological”, “natural” or “environmentally friendly” due to excessive and uncontrolled use of them. The ECOCERT offers a clear guarantee. It currently offers its inspection and certification services in more than 80 countries on all continents. What is a fragrance for environmentally friendly and natural cosmetics? This is an essence where the products arising from chemical synthesis have been eliminated. The fragrances certified by ECOCERT are made up of 100% natural materials or materials from natural sources. Some of them come from environmentally friendly crops. They have been manufactured, inspected and shipped with environmentally friendly methods with a minimum aggressive impact. The benefits of environmentally friendly and natural cosmetics It provides numerous advantages for skin health. In addition to not being aggressive toward the skin, it strengthens and improves skin functions thanks to plants’ natural chemical components. It has no side effects, and the sensorial experience is superior. Environmental awareness and the commitment to a healthier lifestyle leads consumers to choose reliable products that benefit not only them, but the environment as well. The effectiveness is comparable to traditional cosmetics thanks to the power of authentic essential oils concentrated by nature. Natural cosmetics are an alternative to conventional cosmetics. They afford the same or better advantages, and this is not a simple environmentally friendly marketing argument. These products provide guarantees of safety and ethics.
EUROFRAGANCE BETS FOR LUXURY APPLIED TO COSMETICS AN PERFUMERY	06/30/2008	More info > open pdf
Eurofragance, a Spanish company dedicated to design and production of fragrances and flavours, presents ´Feel the Luxury´, an exhaustive analysis of the evolution of luxury along the history and its application in perfumery and cosmetic products. The event, held in Can Bonastre Wine Resort, in Masquefa, was conducted by Bettina Perison, Creative Director, and brought together the major part of the national cosmetic sector. Evolutionary, luxury can be divided into three phases: the Classic (S. XVIII-XIX), the Modern (early 20 th century) and the Contemporary (decade of the 1970s, S. XX). At the beginning, luxury was represented in objects; products were the most important and they reflected bourgeoisie’s canons. Next, modern luxury started to enhance creator’s prominence. Finally, in the Contemporany Age, mass media impose trends. Traditionally, the luxury market sectors are: automobile, jewellery, fashion, perfume and cosmetics and products can be classified according to their ownership to high, media and low cost range. Luxury means more than acquiring a product. It gives distinction, brings pleasure, welfare and becomes a way of life. Eurofragance outlined the new trends of luxury applied to cosmetics and perfumery. Bettina Perison structured its speech by presenting several ‘luxurious’ ingredients extracted from nature that may be part of a product of cosmetics and perfume. PEARL Considered a symbol of perfection, purity and modesty, Pearl has become one of the indispensable elements in the Luxury Cosmetics linked to applications such as the beauty treatments, aesthetics and perfumery. Eurofragance bets for using the pearl as a mineral and regenerative anti-age product, for off-skins, after-suns, and articles for hair care. Due to their property agents it can be applied in facial creams, body milks or creams for hands. As moisturizing is optimum for bath products and for its silky touch it can be also applied in depilatories, shampoos and conditioners capillaries. The product: Eurofragance presents the following fragrances for cosmetic products with Pearl components: 9451P PERLE ET VIOLETTES: A bouquet of violets and iris with notes wild raspberry. 7925P NACRÉ: A fragrance soft womanhood. Orange drops adorning a body of powdered iris and merits of musk. 8350P SPIRIT: A fragrance wood smooth and elegant notes of cedar and vetiver with leather and spices, cardamom, cilantro and black pepper. 9422P WHITE OFFICE: Fresh currant coupled with thrush, gardenia flower of orange sweets with vanilla touches. CAVIAR Coming of eggs from sturgeon female, it’s originated from lakes and rivers of Eastern Europe and Asia. The varieties are more expensive: Beluga, Ossetra and Sevruga. Eurofragance proposes the use of caviar in treatment and bath products. For its activity it can be applied in xxx lines ´First Wrinkles´ (facial creams, tonics, outline of eyes, serum… It’s also good for a male line treatment of skin and damage hair. Cause of its nutritional properties, caviar can be also applied in lines of treatment for mature skin (regenerative, nutritive…), also lines for bath and treatment for weak hair and treatments to fortify the bust. The product: Eurofragance presents the following fragrances for cosmetic products with elements coming from caviar: 9365P WAVE BLOW: A wave of freshness. Petals from jasmine and carnation with orange bitter and green lime. 4744P SLENDER: The freshness of the flower of Oranges are allying with the femininity the camelia, the gardenia and the water lily. Musk and sandalwood for background 7720PJ ADRIANA: A fragrance sensually feminine. A soft halo of rose petals and orchid embraced by transparent musks. 4478P VITELLUS: The perfume of life. A bouquet for violets, freesias and roses. Maybe with touches of iris. The background of musks brings warmth. 7956P MARVELOUS: An elegant note grey amber dressed with of cedar, vetiver and holm oak, and played with notes of pepper pink fresh. CHOCOLATE The name Theobroma comes from Greek: ´Food of the Gods´. Due to its antioxidant activity, it can apply to anti-age products (facial and corporal creams and masks; capillaries and serums…). Due to its benefits it works as anti-loss hair and becomes an activator for blood circulation (body milks, products for pregnant women, tired legs…) It is essential for his action as exfoliant for peelings facial injury and capillaries. The products: 9605P XOCOATL: An adult pleasure. A base of black chocolate with notes of spices: black pepper and cardamom. 7941P CHOCKY: A note of bitter chocolate bathed in a vein of cream milk and adorned with shades of white chocolate. WINE It is more than a gastronomic complement and has become a health therapy. Due to its antioxidant activity, it can be applied in anti-aging products, facial and corporal creams protecting from UV. Thanks to their boosting properties of movement wine can be included in anti-loss hair products. It’s also suiteable for peelings. The product: several flavours 8484P GARNACHA: Fruit black beret and raspberry, sweetened with vanilla. In the background, notes of tobacco and smoke of oak. 9173P COURT & WINE: An exciting cocktail of white wine with juice wild berries. 5962P ROSÉ: A fresh fragrance of wine pink. Notes of grape matured to the sun with touches wild fruits red and woods moist. GOLD A noble metal, symbol of magic and power. As serum and purifying, gold can be used for bath lines (gel, liquid soap, shampoo, deodorant…) and also in treatment lines for off-skin. Gold is an excellent iron, hence its implementation in facial treatments and corporal action ´facelift', and provides brightness, making it ideal for treatments in flow for hair without brightness, creams and facial and body lines, for makeup, gloss… The product: 7955P FLASH!: Sambac jasmine, enriched with amarilis is based on a bed of white musk and vanilla. 8632P SENSUELLE: A bouquet of pink jasmine and sweetened iris, envolved with pachouli and amber liquid. 8366P KYRIAD AIR: A breath of golden air. Sophisticated perfume of soft petals of jasmine kisses by vanilla dust. DIAMOND The purest stone, composed by a single chemical element: carbon. As micro-dermo-abrasive, diamond can be applied in treatments for off-skin, for stained skin. Peeling for hands, elbows and feet. For their input of lightness, it can be used at bath lines. The product: With diamond fragrance: 8087P KOH-I-NOOR: Sparkles of absolute in pink mixed with pachouli. Luxurious and sensual. 7116P BRILLIANT: The note of ginger and freesia illuminates the exotic bouquet of purple white, lotus blossom, lily carnation and pink. 8234P SPARKLING MIST: The brightness of “neroli” and the jasmine enhanced by the note of grapefruit and crandberry. GEMS An example of the revival of minerals as an element of care and beauty. Gems embody all the creative nature force. Bringing several benefits, ranging from energize power of tourmaline to the sober up power of malaquite or the regenerating hematite. The product: 8834P EARTH: A male essence. An intensive note of cedar and vetiver enhanced by a mixture of black pepper, pink and green. 8258P GET-UP-AND-GO: tangerine juice green and yellow with drops of pink grapefruit and leaves of water lily. 8687P Feel SPA: An explosion of ginger, cinnamon, cloves on timber sandalwood, vetiver of Haiti and crystallized amber.