Syensqo acquires controlling stake in Azerys, a natural rosemary extraction business.
Syensqo has completed the acquisition of a controlling stake in Azerys, a specialist in rosemary extraction with assets in El Jadida, Morocco.
Today, Azerys produces a 100 percent natural plant-based, non GMO preservatives range based on rosemary extract, which are able to replace chemical food additives, aligned with consumer demand for more natural food ingredients.
This bolt-on acquisition complements Syensqo’s leading activities in natural vanillin produced from rice bran and allows the company to expand its capabilities in renewable consumer solutions.
Similar to other recent acquisitions, such as Jin Young Bio and Bayer’s global seed coatings business, and investments such as in Suanfarma, it aligns with the strategic focus of Syensqo’s Renewable Materials and Biotechnology Growth Platform.
As a specialist in using cutting edge extraction technologies to recover high value components from rosemary, Azerys relies on a state-of the art facility and a strong network of local cooperatives supporting sustainable and responsible agriculture.
Syensqo will leverage its leading supply chain, innovation capabilities and global customer reach to accelerate the development of new product ranges aligned with its growth strategy.
