M&A Deal Summary

Phoenix Aromas Acquires Innovative Fragrances

On April 18, 2022, Phoenix Aromas acquired consumer products company Innovative Fragrances

Acquisition Highlights
  • This is Phoenix Aromas’ 1st transaction in the Consumer Products sector.
  • This is Phoenix Aromas’ 2nd transaction in the United States.
  • This is Phoenix Aromas’ 1st transaction in Georgia.

M&A Deal Summary

Date 2022-04-18
Target Innovative Fragrances
Sector Consumer Products
Buyer(s) Phoenix Aromas
Deal Type Add-on Acquisition

Target

Innovative Fragrances

Canton, Georgia, United States
Innovative Fragrances is a developer and compounder of fragrance compounds serving a diverse set of end markets including home fragrance, personal care, candles, and other air fresheners. Innovative Fragrances is based in Canton, Georgia.

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Buyer(S) 1

Buyer

Phoenix Aromas

Norwood, New Jersey, United States

Category Company
Founded 1994
Sector Distribution
DESCRIPTION

Phoenix Aromas is a value-added distributor of essential oils, aroma chemicals, absolutes, and oleoresins. These flavor and fragrance components serve as the foundation of hundreds of end products in the growing markets of food & beverage, fragrance, and personal care. Phoenix Aromas was founded in 1994 and is based in Norwood, New Jersey.


DEAL STATS #
Overall 3 of 3
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Georgia M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 Aromatic Ingredients

Nottingham, United Kingdom

Aromatic Ingredients Ltd. specializes in the blending and distribution of raw materials to the flavor and fragrance industry. Aromatic built up a reputation for supplying the highest quality of aromatic chemicals, essential oils, and allied products.

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