On November 4, 2024, Le Figaro Bourse announced that Robertet, a global leader in natural raw materials for fragrances and flavors, signed an agreement to acquire Phasex, a U.S. company specializing in supercritical CO₂ extraction. This acquisition marks a first in the fragrance and flavor industry, positioning Robertet as a pioneer in North America in using this technology to produce high-value extracts.
Phasex, based in the United States, has 30 employees and has generated annual revenue between €5 million and €12 million over the past five years. With Robertet’s support, the company aims to double its revenues in the coming years. This acquisition strengthens Robertet’s production capabilities in North America, a strategic region where the group has been present since 1993 and generated €264 million in revenue in 2023, representing 35% of its global revenue.
Jérôme Bruhat, CEO of Robertet, stated, “The acquisition of Phasex represents a major step forward for us. Robertet becomes the first company in the Fragrance & Flavor sector to invest in CO₂ extraction in North America, focusing on high-value extracts for both the Aromatic and Nutra-cosmetic industries.” He added that this move consolidates Robertet’s leadership in natural ingredients and supports the group’s goal of reaching €1 billion in global revenue by 2030.
Jérôme Bruhat, CEO of Robertet, stated, “The acquisition of Phasex represents a major advancement for us. Robertet becomes the first company in the Fragrance & Flavor sector to invest in CO₂ extraction in North America, focusing on high-value extracts for both the Aromatic and Nutra-cosmetic industries.” He added that this move consolidates Robertet’s leadership position in natural ingredients and supports the group’s goal of reaching €1 billion in global revenue by 2030.
Robertet’s acquisition of Phasex reflects the group’s proactive strategy to strengthen its position in the North American market and diversify its extraction technologies. This initiative is expected to enable Robertet to meet the growing demand for high-quality natural extracts while solidifying its presence in expanding sectors such as aromatics and nutra-cosmetics. For investors, this acquisition could lead to increased revenue and improved profitability in the medium term, making Robertet’s stock attractive to those seeking exposure to the natural ingredients and flavors industry.
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