The ISNARD Group has partnered with CEREA Partners to facilitate strategic growth and employee inclusion in its capital structure, enabling it to expand its operations in the French fragrance and flavor industry.

Target Company Information

Founded over 60 years ago in Grasse, the ISNARD Group started as a transport company for alcohol and has established itself as a key partner for industrial sectors in fragrances and flavors. The company caters to the needs of these industries by supplying alcohol, glycols, and other solvents used as bases in compositions, as well as offering custom services such as denaturation and scenting.

Operating in a highly volatile product market, ISNARD has always prioritized European origins and quality, thanks to its long-standing relationships with major suppliers. The Group has successfully achieved a normative revenue of approximately €30 million, showcasing profitability and consistent organic growth of around 10% annually for more than a decade, all with a compact team of only 11 employees.

Industry Overview in France

The fragrance and flavor industry in France is characterized by its rich history and deep-seated cultural significance. Renowned globally for its mastery in perfume creation, the country hosts a myriad of