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Robertet: majority stake in Astier Demarest

Robertet has announced the acquisition of a majority stake in Astier Demarest. Founded in 1880, Astier Demarest is a historic family-owned company based in Grasse, specializing in the sourcing and distribution of raw materials for the perfume, cosmetics, aromatherapy and food flavoring industries.

This investment is designed to strengthen the Group's position in aromatic ingredients and in the sustainable sourcing of natural products, with an increased presence at source in certain strategic supply chains.

François and Bruno Destoumieux will continue in their role as general managers, with the support of the Group to help them develop sustainable supply chains and enrich their distribution with Robertet's range of natural and organic ingredients.

"We are proud to welcome Astier Demarest to the Robertet family, and excited at the prospect of combining the strengths of both organizations to better meet the growing needs for traceability and transparency. This acquisition will enable us to consolidate our leadership in natural ingredients and develop ambitious projects for the future".says Julien Maubert, Director of Robertet's Raw Materials Division.

"Astier Demarest is looking forward to the next chapter in its history as part of the Robertet Group. The complementarity of this combination is evident in the family nature of our companies, but also in our shared vision of integrated and sustainable sourcing of natural ingredients."says François Destoumieux, President of Astier Demarest.

External resources
robertet.com

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