M&A Deal Summary

Aroma360 Acquires NextScent

On March 25, 2024, Aroma360 acquired environmental company NextScent

Acquisition Highlights
  • This is Aroma360’s 1st transaction in the Environmental sector.
  • This is Aroma360’s 1st transaction in the United States.
  • This is Aroma360’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2024-03-25
Target NextScent
Sector Environmental
Buyer(s) Aroma360
Deal Type Add-on Acquisition

Target

NextScent

Fort Mill, South Carolina, United States
NextScent is a provider of eco-friendly and advanced air-care solutions developed for commercial accounts and global brands. The company has developed patented scent systems and signature fragrances used by many of the most iconic brands, large venue properties, and small businesses around the world. Its advanced air care and scent solutions are safer, smarter, eco-friendly, and provide a lower operating cost. NextScent was formed in 2020 and is based in Fort Mill, South Carolina.

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Buyer(S) 1

Buyer

Aroma360

Miami, Florida, United States
Category Company
Sector Consumer Products
DESCRIPTION

Aroma360 is a scent branding and marketing solutions provider that enhances the overall brand and customer experience through scent branding and marketing strategies. The company works with Lexus, Marriott's, Four Seasons, and Ferrari. It has designed custom scents for hotels such as the Borgata Hotel and Casino, the Atlantis Hotel in Paradise Island and spas like the Bellagio Las Vegas, the Montage Beverly Hills, Disney Senses Spas, Ritz Carlton, and Biltmore. Aroma360 is based in Miami, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
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