Dedicated to Prof. Antonio Togni on the occasion of his 65th birthday A low-valent cobalt(I) complex, formed from the reduction of CoBr 2 (dppe) with zinc, acts as catalyst for the efficient [2 + 4] cycloaddition of β-alkyl, cycloalkyl and aryl substituted propiolates to dienes. This transformation yields synthetically relevant 1,4-cyclohexadiene carboxylates in good to excellent yields. Furthermore, the target compounds are novel lead structures for the discovery of fragrance ingredients from the fruity, floral and spicy odor family.