Azelis Acquires Full Stake in BLH

Azelis, a leading global distributor of specialty chemicals and food ingredients, has announced the acquisition of all shares in BLH SAS ("BLH"), a distributor of aromas and fragrances focused on the fine perfumery market in France. This acquisition strengthens Azelis's global footprint in aromas and fragrances, which has been expanding over the past two years through previous acquisitions such as Quimdis in France, Vigon in the United States, and Ashapura in India. BLH's distinctive portfolio, specializing in the distribution of premium fragrance components, is expected to complement Azelis's existing natural ingredient product lines very well. The acquisition is expected to be completed in November. BLH, a family-owned company founded in 1983, has built strong market expertise in fine perfumery under the leadership of Philippe Bécot and established long-term relationships with global blue-chip suppliers and a diverse specialty ingredients portfolio. The company is currently managed by Nicolas Bécot, who will continue in his position to ensure successful integration and ongoing business development. The company employs 42 experienced and highly qualified personnel and operates a laboratory in the Grasse region of southeastern France, serving approximately 400 customers including major companies in the fragrance industry. Benoit Fritz, General Manager of Azelis France, stated: "Two years after Quimdis, we are excited about the strategic acquisition of BLH SAS, which represents another significant milestone for Azelis in the flavors and fragrances industry. This move strengthens our lateral value chain in the segment and our presence in France and the EMEA region. Leveraging BLH's historical relationships with key decision-makers, combined with our expertise in natural essential oils, we believe we will deliver innovative solutions to customers while driving sustainable growth in this dynamic market." Source