Phoenix Flavors and Fragrances, a developer and compounder of high-performance flavors and fragrances, has announced the acquisition of Innovative Fragrances Inc. (“IFI”), an Atlanta-based developer and compounder of fragrance compounds serving home fragrance, personal care, candles and other air fresheners.
IFI’s customer solutions are supported by a suite of resources and services portfolio, including fragrance development and duplication, sampling, regulatory and technical support, custom formulation, and in-house laboratory quality assurance and quality control. Since its founding in 2013, IFI has consistently provided outstanding value to its customers by analyzing, replicating and creating individual scents for diverse fragrance needs, guaranteeing quality fragrance oils. The addition of IFI to Phoenix is designed to enhance the geographic reach of the platform in the southeast United States and is said to enhance the strength of the perfumery, regulatory and technical solutions Phoenix Flavors and Fragrances offers to customers.
Looking forward, Phoenix Flavors and Fragrances plans to continue the execution of its organic growth plan and pursuit of selective M&A, focused on technical experts in the creation of both flavors and fragrances. The company continues to focus on expanding the value-added platform, seeking targeted opportunities to enhance the value, quality and breadth of solutions we bring to customers.
Jim Unrath, president of Phoenix Flavors and Fragrances, said, “We are extremely pleased to complete the acquisition of IFI, believing it represents a highly complementary business with shared values and vision as a technical expert in the creation of fine fragrance compounds with a strong team of perfumers, salespeople, customer service representatives and stringent QA/QC—all of which is leveraged to create a high-service business model with the utmost emphasis on meeting and exceeding the technical, quality and regulatory requirements of customers. We look forward to partnering with the IFI team as we enhance the value we bring to existing and new customers.”