Sozio continues growing and diversifying its business. After Scentessence in February and Phoenix Fragrances in March, the French family-owned group has announced the acquisition of Synarome.
Based in Chartres, Synarome was founded in 1926. Specialising in organic synthesis and distillation, the company is expected to achieve net sales of 6 million euros in 2021.
With this new acquisition and the vertica integration of key steps in the creation and manufacturing of ingredients, Sozio intends to strengthen its position and know-how in the creation of fragrances and in the field of organic synthesis, perfumery specialties and distillation for the fragrance industry.
“Besides the iconic ingredients which have made the reputation of the company, such as Ambrarome or Animalis, Synarome produces more than 200 aromachemicals and specialties for the global F&F industry,” said Frédéric Braud, General Manager of Sozio.
Sozio’s ambition is to come-back to its historical roots, the creation and manufacturing of natural perfumery ingredients “which have been at the heart of the company for more than 200 years.”
"Due to our growth, we felt we need the support of a larger enterprise, able to increase our investments in our R&D centre and production facility and sharing the same vision on the future of perfumery," added Achille Riviello, general manager of Synarome.
As a result of its latest investments in the UK with the acquisition of Phoenix fragrances, in Asia with the creation of its new factory in Jakarta during the first quarter 2021, and a new factory planned in China in 2022, and in the Middle East with the opening of a laboratory this summer in Dubai, Sozio is emerging as a key global player in the fragrance industry.