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Tuesday, March 26, 2024Sector

TechnicoFlor steps up its international expansion

TechnicoFlor accélère son développement à l’international

The French fragrance house has just announced the opening of two new factories (in China and Indonesia), a subsidiary in Vietnam and offices in Bangkok. The aim of these operations is to strengthen its business in Asia and support the development of local brands.

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TechnicoFlor’s new Chinese plant is located in Beautéville, an area that brings together cosmetics companies, packaging suppliers and fragrance manufacturers.
The 9,000 m2 site has high ambitions: sales of around 5.9 million euros and double-digit growth by 2024.

TechnicoFlor is also stepping up its presence in South-East Asia. “We have just inaugurated a brand new 2,000 m2 halal-certified plant in the Karawaci area. Our aim is to achieve sales of $5 million by the end of 2026 and $10 million by 2028,” explains TechnicoFlor. “We have also set up a subsidiary in Vietnam in 2023 and are preparing to open offices in Bangkok. With these locations, we want to support the development of local brands to better serve these buoyant markets with their specific consumer trends.”

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