News Article 2023

 Home / News / 2023

October 23 2023, David R Brown

Azelis reinforces its footprint in the EMEA flavors & fragrances market with the acquisition of BLH

Azelis, a leading global distributor of specialty chemicals and food ingredients, has acquired 100% of the shares of BLH SAS (“BLH”), a well-known distributor of flavors & fragrances focused on the fine perfumery market in France.

We are thrilled with the strategic acquisition of BLH SAS, two years after Quimdis, representing another significant milestone for Azelis in the flavors & fragrances industry

Benoit Fritz
Managing Director of Azelis France

The acquisition strengthens Azelis' global footprint in flavors & fragrances, which was created over the last two years following the acquisition of Quimdis in France, Vigon in America and Ashapura in India. Experts in the distribution of premium fragrance ingredients, BLH's attractive portfolio perfectly complements the current natural ingredient ranges offered by Azelis.

A family-owned business founded in 1983, BLH has developed long-standing relationships with global blue-chip suppliers and a diverse portfolio of specialty ingredients, creating a strong market expertise in fine perfumery under the leadership of Philippe Bécot. The company is currently led by Nicolas Bécot, who will stay on to ensure successful integration, as well as continued development of the business. The company employs 42 experienced and highly qualified staff and operates a laboratory in the Grasse region, in the southeast of France, serving 400 customers, including major players in the perfume industry.

Nicolas Bécot, CEO BLH, commented: “Becoming part of the Azelis family is a great opportunity for BLH, as our portfolio is complementary with the expertise in natural essential oils of Azelis. We are both established players in the Grasse region and understand what is required to succeed in this market. Together we will deliver a broad portfolio, deeply rooted expertise, and a dedicated service to customers. In addition, we will benefit from Azelis' strong digital backbone and continuous commitment to sustainability and innovation. I am very much looking forward to becoming a part of Azelis and bringing the teams together.”

Benoit Fritz, Managing Director Azelis France, added: “We are thrilled with the strategic acquisition of BLH SAS, two years after Quimdis, representing another significant milestone for Azelis in the flavors & 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 principals, combined with our expertise in natural essential oils, we believe we will deliver innovative solutions to customers, while driving sustained growth in this dynamic market.”

The transaction is expected to close in November.

About Azelis
Azelis is a leading distributor of speciality chemicals and food ingredients present in over 67 countries across the globe with over 3,800 employees. Our knowledgeable teams of industry, market and technical experts are each dedicated to a specific market within Life Sciences and Industrial Chemicals. We offer a lateral value chain of complementary products to more than 59,000 customers, supported by ~2,700 principal relationships, creating a turnover of €4.1 billion (2022). Azelis Group NV is listed on Euronext Brussels under ticker AZE.

Source(s): Azelis Press Release

Further Information