Agilex is a leading provider of fragrances and related creative and technical services. Agilex specializes in the development and production of functional fragrance compounds which it sells to consumer and industrial products manufacturers for use as scent components in the air care, personal care, industrial & institutional and household end markets. As part of its investment in the Company, MidOcean appointed three leading industry executives to the board.
With a strong leadership team in place, Agilex was able to leverage this collective expertise to drive value through more focused sales and marketing efforts as well as through add-on acquisitions. During MidOcean’s ownership, Agilex completed four add-on acquisitions, accelerated new customer acquisition, increased penetration of existing customers and significantly reinvested in the business, culminating with the commissioning of a new, state-of-the-art manufacturing center in Somerset County, New Jersey. MidOcean exited its investment in Agilex in July 2017.
Strategic Growth Through Acquisition |
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Oriental Aromatics |
2014 |
CPL Aromas |
2014 |
Creative Fragrances |
2016 |
Airabella |
2015 |