Azelis Boosts US Life Sciences with Vigon Buy
Azelis has entered into an agreement to buy US-based Vigon International, expanding its footprint in the life sciences sector. Financial details of the transaction expected to close in the second quarter of 2021 were not disclosed.
Based in East Stroudsburg, Pennsylvania, Vigon is a specialty distributor and manufacturer of ingredients for the flavors, fragrances and cosmetics markets. Its portfolio includes flavors, natural and synthetic aroma chemicals, actives, functional ingredients and essential oils. The company has 120 employees and serves more than 1,000 customers across the three market segments.
“As a leader in the US flavors and fragrances market segments, Vigon provides Azelis the impetus for geographic expansion in these markets across North America, as well as a platform for future acquisitions of complementary businesses in the food ingredients segments,” said Azelis Americas CEO and president Frank Bergonzi. “Vigon’s co-manufacturing and blending capabilities provide us an added value proposition that we can leverage to better serve our principals and customers.”
Azelis Americas is headquartered in Westport, Connecticut and serves suppliers and customers in the US, Canada and Mexico. The business was formerly known as Koda Distribution Group until it was acquired by Azelis in December 2015.
Author: Elaine Burridge, Freelance Journalist
