Anjac Health & Beauty (Anjac), an industrial group specializing in the formulation, manufacture and packaging of cosmetics, medical devices, medicines and dietary supplements, announces the acquisition of Stephid, a French company specializing in luxury perfume manufacture, filling and high-end contract packaging.
Founded in 1989 and based in Pont-Sainte-Maxence (Oise, France), Stephid has unique expertise in small series and luxury, close to craftsmanship and tailoring. The company has privileged relationships with luxury perfume houses and designers, as it masters the manufacture of their fragrances and the cutting-edge techniques that alone can preserve the most precious top notes.
Stephid's expertise also extends to the packaging of bottles and the creation of the finest packaging using highly precise manual operations. Our teams also offer recognized expertise in managing all the logistical aspects of distributing finished products worldwide.
Renowned for its flexibility and responsiveness, Stephid supports over 60 well-known perfume brands. The company is forecasting double-digit sales growth of nearly €15 million in 2023.
A strategy of growth in high value-added segments
After Cosmetix West and Feltor in 2019, Roval Cosmétiques in 2020, Apollo and Pillar5 in 2022, the Anjac group signs with Stephid its 10th acquisition in six years, for sales that have doubled in five years. The Anjac group now comprises 15 expert companies, with 22 R&D and manufacturing sites, and sales of close to €700 million.
This new acquisition expands the Group's offering in the perfume market, an extremely dynamic market driven by ultra-luxury brands and niche perfumes that respond to the trend towards personalization and hyper-segmentation.
Anjac will benefit from Stephid's cutting-edge know-how in high-end manufacturing and packaging, with unique, made-to-measure services of the highest quality. The group is thus expanding its offering, providing complementary expertise to support its customer portfolio in their cosmetics and fragrance ranges.
Numerous synergies are envisaged, notably industrial and commercial, with highly complementary customer portfolios and innovation projects.
The Group's support will enable Stephid to expand its investments and production capacity, and thus meet the growing demands of its customers.
The management team and governance remain in place.
"We are delighted to welcome the Stephid teams to our growing group. Stephid is recognized by major French and international brands for its unique know-how, responsiveness and outstanding logistics service. This merger will enable us to offer our premium and luxury customers complementary expertise to accompany their cosmetics and fragrance ranges".says Aurélien Chaufour, President of the Anjac Group.
"Our integration within Anjac will enable us to support Stephid's growth by joining a solid group with high production capacities and a complementary customer portfolio, whose values of innovation, quality and sustainability we share. The Anjac group shares our moral and social values, which naturally led us to this choice".explains Yannick Demoulin, President of Stephid.