The previously announced merger between Tilley and Phoenix Aromas & Essential Oils in North America has been completed.
SK Capital Partners, owner of Baltimore-based ingredients supplier Tilley, said that this creates a “world-class supplier of high-quality ingredients”. Terms were not disclosed. Jean-Paul Benveniste will be president and CEO of the combined entity.
Phoenix is a distributor of flavour and fragrance compounds to multiple end-use markets including personal care, with a strong presence in plant-based natural materials. This is backed up laboratory services, regulatory support, and just-in-time inventory, which “when combined with reliable supply chain planning and strong supplier relationships, make the combined company a best-in-class source for specialty ingredients”, SK said.
