S H Kelkar & Company announces restructuring of its subsidiaries based in Italy
Capital Market S H Kelkar & Company announced that Nova Fragranze Srl (Italy), CFF Labs Srl, (Italy) and CFF Commerciale Srl (Italy) have been merged with Creative Flavours & Fragrances SpA (Italy). These companies are a part of Company's group companies. The merger simplifies the structure for operational synergy.
Nova, an Italy based company specializes in the fragrance development in hair care/ beauty care segments. CFF and its subsidiaries, CFF Labs and CFF Commerciale are engaged in fragrance development and have a strong presence in Europe.
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