Azelis has acquired BLH, a leading French distributor of fragrance ingredients, to bolster its presence in the fragrance and aroma segments while enhancing growth opportunities in both domestic and international markets.

Target Information

BLH, a prominent distributor of fragrance ingredients based in Grasse, France, is entering into a partnership with the Belgian-listed Azelis group. Established in 1983 by Philippe Bécot and currently led by his son Nicolas, BLH has emerged as a leader in the French market, generating more than €40 million in revenue. The company has consistently demonstrated growth by fostering robust relationships with global suppliers of fragrance ingredients, including Firmenich, IFF, and Symrise, while maintaining a loyal customer base both in France and internationally through the provision of high-quality products and services.

The acquisition by Azelis positions BLH to continue its growth trajectory both domestically and internationally. With access to a broader product portfolio, BLH aims to enhance its offerings in the fragrance and aroma markets, ultimately serving its clients with increased efficiency and variety.

Industry Overview

The fragrance and aroma ingredient distribution industry is a vital segment within the broader specialty chemicals market, particularly in France, which is renowned for its rich history and e

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Azelis

invested in

BLH

in

in a Merger deal

Disclosed details

Revenue: $43M

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