Givaudan has acquired 25 percent of b.kolormakeup & skincare, an Italian specialist in make-up and skin care products for packaged goods companies and luxury customers, the Swiss flavorings and fragrance maker said on Thursday.

The terms of the deal were not disclosed and Givaudan funded the transaction from existing resources, it said. Givaudan has the option but not the obligation to acquire a controlling stake in b.kolor after three years, it added.

By John Revill; Editor: Riham Alkousaa