Robertet Group, renowned for natural raw materials in fragrances and flavors, is set to acquire Sonarome, a key player in India’s food and beverage flavor sector. Sonarome, based in Bangalore, achieved a turnover exceeding 15 million euros in 2022 with consistent double-digit growth over three years. This acquisition strengthens Robertet’s Indian presence, enhancing capabilities to serve Asian customers and explore opportunities in Southeast Asia and East Africa.
Robertet’s sixth external growth operation in five years underscores its global strategy. Jérôme Bruhat, CEO, highlights the move’s importance in becoming a major player in India and Asia’s flavor market. The merger aligns with Robertet’s values of agility, high quality, and long-term vision, as emphasized by Arthur Le Tourneur d’Ison, Growth Director.
Part of Robertet’s broader Asian expansion, the acquisition, estimated at 45-65 million euros, was debt-financed. Majority shares were acquired from IFF and the Gulhati family, with an eight-year plan to purchase the remaining shares. Mr. Nitesh Gulhati will serve as Sonarome’s CEO, ensuring continuity.
This strategic move capitalizes on the growing demand for natural raw materials in flavors and fragrances. The merger with Sonarome unlocks new opportunities, reinforcing Robertet’s commitment to meeting the rising demand for high-quality aromatic products worldwide.