Schlieren, ZH/Vernier, GE — Microcaps AG and Givaudan AG have entered into a strategic partnership. Together, they aim to redefine industrial, precision microencapsulation and develop high-performance fragrances and cosmetic products.
(CONNECT) Microcaps, a Schlierem-based company specializing in precision microencapsulation, has announced a strategic partnership with and an equity investment from Givaudan, a manufacturer of flavors and fragrances based in Vernier. According to a press release, the collaboration is intended to strengthen Microcaps' encapsulation technology and open up new opportunities for the development of high-performance fragrances and cosmetic products.
“This partnership enables us to scale our technology and make scientific precision accessible to a broader market,” explain Alessandro Ofner and Michael Hagander, founders and co-CEOs of Microcaps, in the press release. "Together, we can redefine the importance of high-precision encapsulation for the fragrance and cosmetics industries."
The collaboration combines Givaudan's expertise in fragrance formulation with Microcaps' patented, state-of-the-art precision microencapsulation technology. According to the press release, the technology enhances the consumer experience by improving fragrance performance and enabling longer-lasting scents.
“Encapsulation is one of the most transformative technologies in our industry,” said Jeremy Compton, Global Head of Science & Technology Fragrances at Givaudan. “By combining Givaudan’s deep expertise in fragrance creation and innovation with our commitment to collaborating with Microcaps and its groundbreaking technologies, we can explore new ways to enhance performance and sustainability for consumers across a wide range of fragrance and skincare applications.”
Microcaps was founded as a spin-off of the Swiss Federal Institute of Technology Zurich (ETH) and is headquartered at the Bio-Technopark in Schlieren, Zurich. ce/nta
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