Eurazeo, a global investor located in Paris, will acquire Iberchem of Spain, a global producer of fragrances and flavors, in late July. Eurazeo will invest 270 million euros into the company to become the majority shareholder.
Iberchem currently sells in more than 100 countries and has 11 manufacturing facilities across Spain, China, Indonesia, Colombia and Tunisia. With more than 3,400 customers, both local and regional consumer brands, Iberchem will continue to grow as Eurazreo backs the company.
Ramon Fernandez, CEO and founder of Iberchem, said, “We are excited to partner with Eurazeo because of their long-term investment horizon, corporate culture as well as their ability to help Iberchem strategically, notably on external growth, especially thanks to their offices in China and Brazil. Eurazeo also has the know-how to assist the company in strengthening its talent pool to support long-term growth. Iberchem will be able to continue on its successful path and increase its leadership through organic growth in existing and new markets and selective M&A.”
