Azelis, a leading global innovation service provider in the specialty chemical and food ingredients industry, announced that it has successfully completed the acquisition of Vigon International. Vigon International is a leading US specialty distributor and manufacturer of ingredients for the flavors and fragrances market segments.
Highlights & rationale
- The acquisition of Vigon International enables Azelis to gain a strong position in the growing and non-cyclical markets of flavors and fragrances in the Americas.
- It will enhance Azelis’ presence in the life sciences sector.
- The transaction is consistent with Azelis’ strategy of complementing organic growth with strategic acquisitions.
Based in East Stroudsburg, Pennsylvania, Vigon International represents some of the world’s most prominent flavor and fragrance producers and ingredient manufacturers serving over 1,000 customers in these markets. Vigon International offers a comprehensive product portfolio including flavors, natural and synthetic aroma chemicals, actives, functional ingredients, and essential oils. The acquisition of Vigon will provide Azelis access to these strategic end markets and enhances Azelis’ position in the life sciences sector.
The signing of the deal was announced on May 5th, 2021.
As Frank Bergonzi, CEO and President, Azelis Americas said in May:
“The acquisition of Vigon is an important component of our overall growth strategy for Azelis in 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. 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 Somers Sr., Steve Somers 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.”
Azelis Americas is a leading global innovation service provider in the specialty chemical and food ingredients industry in North America. Its go-to market strategy, quality products from top tier supplier partners, experienced application laboratories teams and superior technical selling efforts, make Azelis in Americas ‘best in class’. With Azelis Americas’ headquarters in Westport, CT, it serves customers and principals in the United States, Canada and Mexico.
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