After two acquisitions in Canada — Pillar5 and Apollo, in 2022 — the producer of beauty merchandise, medical units, medication and meals dietary supplements is expending its portfolio by taking on Stephid, a French firm specializing within the manufacture of luxurious perfumes, and high-end customized filling and packing.

A French participant acknowledged for its experience and providers

Based in 1989 and based mostly in Pont-Sainte-Maxence, in northern France, at about 50 kilometres from Paris, Stephid has a singular experience in small manufacturing runs and luxurious merchandise that resembles craftsmanship and tailoring. The corporate advantages from sturdy relationships with luxurious perfume homes and designers, due to its mastery of cutting-edge methods which might be essential to preserving essentially the most fragile high notes.

The corporate carries out your complete fragrance manufacturing course of, from maturing the focus to glazing the perfume in polished stainless-steel tanks from 100 to three,000 litres, with a complete capability of 20,000 litres.

Stephid additionally has the know-how to fill bottles and assemble the packaging and equipment counting on very exact handbook abilities. The corporate is subsequently capable of course of small collection (few dozen of models) in addition to 1000’s of models.

“The groups are also additionally acknowledged for his or her distribution experience of completed items all through the world and from each facet of the logistical worth chain,” says Anjac in a press launch.

Stephid companions with greater than 60 well-known perfume manufacturers and may obtain a turnover of practically 15 million euros in 2023, with a double-digit development in comparison with final yr.

Luxurious markets and excessive added worth providers

With this operation, Anjac strengthens its providing on the luxurious markets offering cutting-edge and tailored providers and processes providers with excessive added worth, specifically for the high-end and area of interest fragrance phase, which is extraordinarily dynamic.

“Anjac will be capable of profit from Stephid’s cutting-edge experience in top-of-the- vary manufacturing, packaging and kitting, with distinctive, tailored providers of the best high quality. The Group is thus increasing its providing, offering extra experience to help its buyer portfolio relating to their cosmetics and perfumes ranges,” highlights the corporate.

Moreover, Anjac’s help will allow Stephid to increase its funding and manufacturing capability and thus meet the rising calls for of its prospects.

tenth acquisition in 6 years

After Cosmetix West and Feltor in 2019, Roval Cosmétiques in 2020, Apollo and Pillar5 in 2022, Stephid is Anjac’s tenth acquisition throughout the span of 6 years, doubling its turnover in 5 years. Anjac now contains 15 firms, with 22 R&D and manufacturing websites, and a turnover approaching EUR 700 million.

Monetary phrases haven’t been disclosed, however Anjac mentioned that Stephid’s administration staff and governance stay in place.