International fragrance house CPL Aromas has purchased the Spanish company dM fragrances establishing a new full-service operation for CPL in the EU.
Operating from modern facilities in Barcelona; dM fragrances, also known as Bastet, has an established reputation for supplying high quality fragrances into the Spanish market and beyond. Founded in 1910 the company, like CPL Aromas, is a family owned business managed by Ms. Amalia Rubio who will remain as General Manager together with her team in Barcelona.
For CPL Aromas, this important acquisition provides a base for the company in the important Spanish fragrance market also providing additional sales in the Middle East and Africa where dM have a strong presence.
The acquisition is of strategic importance to CPL Aromas as it ensures the company will continue to have production facilities within the European Union after the United Kingdom leaves the EU in March 2019.
The Vilassar de Dalt factory close to Barcelona is a full-service operation including production, creative perfumery, product performance together with a sales, marketing and evaluation facilities. dM fragrances merged with the Spanish fragrance house Bastet in 2008 and the combined company will now operate as a wholly owned subsidiary of the CPL Aromas group trading as CPL Aromas Spain.
Commenting on the acquisition, CPL Aromas Chief Operating Officer Nick Pickthall, remarked
“The acquisition of dM fragrances in Spain demonstrates CPL’s commitment to our customers in Europe post Brexit. Our clients in the region can be re-assured that any uncertainty of supply following the UK’s departure from the EU will be eliminated as we will continue to have a manufacturing capability in the EU”
“The dM site in Barcelona is ideally located to be within close reach of our customers in the EU and offers excellent facilities with which to serve our clients. I would like to take this opportunity in welcoming our new colleagues in Spain to the CPL family"
CPL Aromas Spain will become the firms 18th global site providing additional resource to the existing network as the company continues to grow its sales.
dM fragrances General Manager, Amalia Rubio commented on the acquisition.
"I am delighted that dM fragrances has the opportunity to join the CPL family. Our companies share the same values as we are both family companies striving to offer the best in customer service. The new CPL Spain is well placed to offer dM’ s existing clients the Innovative creativity and technology of the CPL Aromas group together with continuity of supply from the existing factory in Barcelona”
With annual sales of $120M and 600 employees CPL Aromas is the world’s largest, fragrance only, fragrance house and is dedicated only to fragrances. Founded in 1971 by the Pickthall family, CPL Aromas remains 100% family owned.