Potomac Transactions advises the sale of Astier Demarest, a french leading company in natural ingredients, to Robertet Group
Founded in 1880 in Grasse (France), the world’s capital of perfume, Astier Demarest (“AD”) is a leader in the sourcing and distribution of aromatic and natural raw materials with strategic positions in essential oils such as vetiver, neroli or ginger.
Over the past 80 years, AD has developed transparent worldwide supply chains while promoting responsible, ethical and organic production. From Grasse, the company supplies all the world leaders in the flavour and fragrance, cosmetics and aromatherapy sectors. AD has also developed an expertise in synthetic ingredients with historical partnerships with leading manufacturers such as Firmenich (DRT), Emerald Kalama or Kuraray.
Managed by François and Bruno Destoumieux, AD generates more than €30 million in revenues.
Advised by Potomac Transactions (www.potomac.fr), its 2nd transaction in the natural ingredients sector this year, Astier Demarest joins the Robertet Group.
Founded in 1850 in Grasse, the Robertet Group is a world leader in natural raw materials and perfumes & flavors, strategically integrating the entire value chain to offer a unique quality to customers. With a worldwide presence, the group generates more than €540 million in revenues.