Azelis Acquires Vigon International and Enters US Fragrances Market

Azelis has signed an agreement to acquire 100% of the outstanding shares of Vigon International, Inc., a US specialty distributor and manufacturer of ingredients for the flavors, fragrances, and cosmetics market segments. Azelis says the move will help it gain a strong position in the growing and non-cyclical markets of flavors and fragrances in the Americas and  increase its presence in the life sciences sector. 
 
“Joining forces with Vigon gives us a unique opportunity to acquire a market leader in the attractive North American flavors and fragrances market segments with ample synergy potential. Vigon is a strategic platform, providing us an important foothold in the US market with a sizeable potential for future growth and strengthens Azelis’ overall business profile,” said Dr. Hans Joachim Müller, Azelis CEO. 
 
Vigon, East Stroudsburg, PA, offers a comprehensive product portfolio to its customers, including flavors, natural and synthetic aroma chemicals, actives, functional ingredients, and essential oils. It represents some of the world’s most prominent fragrance producers and ingredient manufacturers serving more than 1,000 customers in the flavors, fragrances, and cosmetics markets. The firm is owned and managed by Steve Somers Sr., and his son Steve Somers Jr., who will both continue to lead the business after the closing.
 
“Becoming part of  Azelis, a global market leader, is a new milestone in our company’s development. We share similar strategies and culture and I am confident that Vigon will continue to thrive under its new ownership,” said . Steve Somers Sr.
 
According to Frank Bergonzi, Azelis Americas CEO and president, the acquisition is an important component of its overall growth strategy for the Americas. 
 
“As a leader in the US flavors and fragrances market segments, Vigon provides Azelis the impetus for geographic expansion in these markets across North America, as well as a platform for future acquisitions of complementary businesses in the food ingredients segments,” he said. “Vigon’s co-manufacturing and blending capabilities provide us an added value proposition that we can leverage to better serve our principals and customers. We are pleased to welcome Steve Sr., Steve Jr. and the entire Vigon team to the Azelis family. We have been impressed by their passion, strong entrepreneurial spirit and “can do” attitude. In short, this is an excellent fit with the Azelis culture, on many levels.” 
 
The transaction is expected to close the second quarter of 2021, according to Azelis, which recently scaled its global e-Lab platform with a e-lab for personal care in the United Kingdom.