The Robertet Group has sold its subsidiary Sirius to Associate Allied Chemicals and Mr. Harlalka (Nishant Aromas)

Paris – CFI is pleased to announce that it served as exclusive financial advisor to the Robertet Group in its divestment of its essential oil and aromatherapy manufacturer Sirius to Associate Allied Chemicals and Nishant Aromas.

Robertet SA was founded in Grasse in 1850 and is the world leader in natural products. Based in France and mostly family-owned since its creation, the Robertet Group is still controlled by the Maubert family and is the only fragrance, flavour and natural ingredient company that is fully integrated throughout the entire creative process, from source to final fragrance or flavour. Today, the Robertet Group is represented in more than 50 countries, has more than 2,500 employees worldwide and offers its customers a range of over 1,600 natural materials and bespoke products created in one of its 17 global creation centres. In 2024, the Robertet Group recorded total net revenue of €807 million.

For nearly 30 years, Sirius Bio has developed a unique dual expertise. It is a recognized specialist in the sourcing and production of high-value natural ingredients, particularly essential oils. Simultaneously, Sirius Bio operates as a strategic CDMO (Contract Development and Manufacturing Organization), developing and manufacturing finished products for leading brands in the healthcare, cosmetics, and aromatherapy sectors.

Associate Allied Chemicals India Private Limited (AAC), is an Indian family-owned company with five decades of experience specialising in ingredients for the perfume, cosmetics and flavour industries. It has been established in Grasse, France for over ten years and has a strong international network and recognized expertise in sourcing high-quality ingredients. AAC acquires 75% of the capital of Sirius.

Mr. Harlalka is CEO of Nishant Aromas, a leading Indian company in the supply of raw materials for perfumery and flavours, which notably produces conventional and organic essential oils. In this transaction he acquires 25% of the capital of Sirius. With his international experience and market knowledge, he will contribute to the strategic development of Sirius.

The buyers aim to develop Sirius in France and internationally, relying on the know-how of its teams and the recognition of its brand. Their objective is to strengthen Sirius’ position as a key player in the market for natural, organic and responsible products. The specific nature of Sirius’ activities and customer base will benefit from the support of a specialized and highly qualified partner in this field.

Julien Maubert, Robertet’s Raw Materials Division Director & Sustainability Director, said: “We are pleased to have found strong and committed partners to write a new page in the history of Sirius. Their expertise, vision and respect for French know-how offer the best guarantees for the future of Sirius.”

Satish Gandhi, Chairman of Associate Allied Chemicals, said: “We have been proudly present in France for over a decade, building partnerships rooted in trust, quality, and shared passion for natural ingredients. Our investment in Sirius reflects our continued belief in France’s leadership in perfumery and cosmetics, and our ambition to strengthen these ties through sustainable, long-term growth.”

Nikunj Harlalka, CEO of Nishant Aromas, said: “Since 2008 we have been working with Farmer Producer Groups in India for bringing traceable, organically grown and distilled essential oils to global markets. Through this partnership we look at integrating the European and Asian markets with quality exchanges of materials and knowledge around Organic Personal Care Ingredients. ” 

This transaction closed on 14 October 2025.