Aromata Group

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Environmental thesis

Nowadays there are more than 70,000 chemical products in the world, with the vast majority being harmful to human health and to the environment. The substitution of synthetic (oil-derived or inorganic chemicals) flavors and colors with raw materials from natural origins, which are renewable in nature and do not pose any health issues, is becoming a preferred choice of industrial players and consumers in the food value chain. Thanks to its leadership position, AromataGroup is proactively supporting the shift toward natural-based products via a significant development plan that already translated in year-on-year growth rate for natural-based product in excess of 10%. In the coming years, AromataGroup’s commitment to further develop its natural products portfolio will represent the most significant growth driver with the aim to address the increasing demand for more healthy and sustainable products.

Business

AromataGroup, headquartered in Bresso (Italy), is a leading player in the manufacturing of flavors and colors for applications in the food and beverage, pharmaceutical, nutraceutical and cosmetics industries. AromataGroup is the result of a buy-and-build project started with the acquisition of SelectAlimenta in 2011 and followed by three subsequent add-ons: Emans Derivati Aromatici, Variati Aromi and Fiorio Colori. In 2018, the Group operated out of three plants based in Northern Italy and served more than 1,200 customers: from the large and global brands to emerging and local independent brands, across 50 countries worldwide. Ambienta invested in AromataGroup alongside the founding management team in November 2018.


Environmental impact and sustainable development goals

Ambienta only invests in businesses which have a positive impact on the environment through either, or both, a Resource Efficiency or Pollution Control contribution. Our proprietary methodology, the Environmental Impact Analysis, allow us to measure the contribution of different businesses to sustainability in terms of Resource Efficiency and Pollution Control which we capture through 11 Environmental Metrics.

Our Methodology and Metrics are fully aligned with the UN Sustainable Development Goals adopted in 2015. Through our investment scope definition that focuses on products and services that improve Resource Efficiency and Pollution Control we fully capture 10 of the 17 Goals and their respective sub-goals.

For each portfolio company we report then its impact both in terms of our metrics and SDGs.

Pollution control

Aromata Group’s contribution to Pollution Control is summarised by the following Environmental Metrics and SDGs.

Pollutants Avoided