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.
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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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Disclosed details
Revenue: $43M