Specializing in flavors, fragrances and ingredients, dsm-Firmenich has sold its stake in Robertet. The Swiss-Dutch group no longer holds any ordinary shares in the French company.
Founded in Grasse in 1850, Robertet, a world specialist in natural raw materials for perfumes and aromas, has announced that the Fonds Stratégique de Participations (FSP), managed by Isalt, and Peugeot Invest have joined the Maubert family, which controls the company and strengthens its positions. The two new shareholders, who each hold around 7% of the capital, enabled dsm-firmenich to exit the capital in a market operation.
Firmenich acquired a stake in Robertet in 2019, followed by Givaudan, which holds around 6 % of the Grasse-based group's capital.
Robertet, which recently announced the acquisition of Phasex in the United States, achieved sales of over €720 million in 2023, of which over €80 % was generated internationally. The Robertet Group is represented in over 50 countries, has more than 2,400 employees worldwide and offers a range of over 1,700 natural materials and made-to-measure products created in its 15 global creation centers.