Orlandi, Inc. has announced the successful acquisition of Tennessee-based Aroma Release Technology Inc.'s (ART) consumer product sampling and fragrance coatings business. Additionally, Orlandi secured a new lease in Chattanooga, Tennessee, to support the ongoing manufacturing laboratory operations.
Sven Dobler, CEO of Orlandi stated, "We see this acquisition as a win-win for Orlandi, ART, and our common customers, it is a perfect fit and complement to our growing consumer products sampling and air care business. We will provide organizational and marketing support to assure its growth and continued success."
"We are excited about the new ART product line additions as it represents an important technology investment by Orlandi in support of our many growing fragrance sampling and air care products," per Dobler, Orlandi's Senior vice president.
ART's president Douglas Whitaker added, "This transaction is the culmination of an almost thirty-year collaboration with ORLANDI and I am pleased to leave our consumer product sampling business in and trusted hands." ART will continue other commercial activities not part of this transaction.