30 October 2009 - Robertet, a French producer of flavours and additives for the cosmetics and food industries, has announced that its Q3 turnover increased very slightly, by 0.4%, to 229.8 million euro.
The company's food aroma division (accounting for about 41% of the company's total turnover), however, reported a 7.3% growth at 94 million euro.
Robertet said that its Q3 was negatively impacted by the performance of its fine fragrance division and by European sales.
Robertet has 3 centres of excellence. In France, the Grasse centre of excellence produces natural ingredients for the dairy market and confectionery sector. In the US, the Piscataway centre of excellence carries out R&D in the fields of beverages. And in Belgium, the Schoten centre of excellence produces culinary flavours.
Robertet, which was founded in 1850, also supplies famous Paris perfume makers like Chanel, as well as multinational groups like LVMH , Hermes or Coty.
The Maubert family (CEO Philippe Maubert) owns just over 50 percent of Robertet and American investment fund Arnhold Bleichroeder has around 19 percent.