Phoenix Aromas & Essential Oils LLC

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Phoenix Aromas & Essential Oils LLC - overview

Established

1994

Location

Norwood, NJ, US

Primary Industry

Logistics & Distribution

About

Phoenix Aromas & Essential Oils LLC is a manufacturer specializing in high-quality flavor and fragrance compounds for diverse industries, including food, beverage, and personal care. Established in 1994, Phoenix Aromas & Essential Oils LLC is based in Norwood, US, and formulates flavor and fragrance compounds. The company underwent a significant transformation in December 2021 when it merged with Tilley Chemical Company, Inc. to form Tilley Phoenix Group.


Jean-Paul Benveniste serves as the CEO of the company. The firm has engaged in 2 total deals, with the most recent occurring on December 2, 2021. Phoenix Aromas specializes in the formulation and production of high-quality flavor and fragrance compounds designed for diverse applications across various industries. Their core product offerings include custom flavor formulations for food and beverage manufacturers, as well as fragrance blends for personal care and household products.


The company focuses on solving challenges related to flavor enhancement and aroma masking, serving clients across North America and Europe, including food and beverage companies, cosmetic manufacturers, and household product brands. Phoenix Aromas generates revenue through a direct-to-consumer model and business-to-business partnerships, focusing on long-term contracts with manufacturers in the food and fragrance industries. Their transaction structure typically involves customized agreements where clients specify their flavor or fragrance needs, leading to tailored solutions that meet specific product requirements. The company’s pricing strategy often reflects the complexity and exclusivity of their formulations, with costs determined based on the unique specifications of each client project.


In the wake of the merger that formed Tilley Phoenix Group in December 2021, the company plans to expand its platform through organic growth initiatives and acquisitions. Future products are currently in development to enhance their market offerings. The company is exploring expansion into new geographic regions to broaden its customer base, though specific markets have not been disclosed. The recent merger will support these strategic initiatives, although financial terms related to the transaction were not disclosed.


Current Investors

Tilley Phoenix Group

Primary Industry

Logistics & Distribution

Sub Industries

Beauty & Hygiene, Logistics & Distribution, Commodity Chemicals

Website

www.phoenixaromas.com

Company Stage

Merged

Total Amount Raised

Subscriber access only

Phoenix Aromas & Essential Oils LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
MergerCompletedPhoenix Aromas & Essential Oils LLC, Tilley Chemical Company, Inc.-
Add-onCompletedAromatic Ingredients Limited-
Add-onCompletedCreative Concepts Corp-
Add-onCompletedGraham Page Limited-
RecapitalisationCompletedPhoenix Aromas & Essential Oils LLC-

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