Sozio Acquires Synarome Close Sozio's Synarome acquisition is part of a larger growth trend, which includes the previous purchase of Phoenix Fragrances. Sponsored Sozio has acquired Chartres-based Synarome, which was founded in 1926 by the Fraysse family and is forecast to achieve 2021 sales of 6 million euros. Per the company, 80% of Synarome's sales fall in the area of fragrance applications, while 40% comprise "specialties inspired by nature." The acquisition will reportedly strengthen Sozio's position in the field of organic synthesis, perfumery specialties and distillation for the fragrance industry. Sozio previously United Kingdom with the acquired Phoenix Fragrances in the United Kingdom and opened a new factory in Jakarta. It is also planning a new laboratory in Dubai this year, as well as a new factory in China in 2022.