PARIS — The rising middle class from emerging markets remains a focus of investment.

Eurazeo said on Monday that it has become the majority shareholder in fragrance and flavors maker Iberchem. The French investment company said it will feed about 270 million euros into the Spanish supplier for a 70 percent stake alongside the existing management team.

The transaction pins the enterprise value of Iberchem, whose focus is on emerging markets, at 405 million euros. The deal is set to close later this month.

The Murcia, Spain-based concern sells fragrances and flavors, through its Scentium division, in more than 100 countries and to over 3,400 customers.

“Iberchem has a unique and particularly fast-to-customer business model, with strong local sales and development teams, and 11 manufacturing facilities across the world, including in Spain, China, Indonesia, Colombia and Tunisia,” Eurazeo said in a statement.

Iberchem was founded in 1985 by Ramon Fernandez, the company’s chief executive officer. Since then, it has registered consistent double-digit organic growth, and between 2012 and 2016, its sales gained 18 percent per year.

During the 12 months to May, Iberchem generated sales of 117 million euros; about 25 million euros of earnings before interest, taxes, depreciation and amortization, or EBITDA, and approximately 23 million euros of earnings before interest, taxes and amortization.

Eurazeo said it will support Iberchem’s management team in the next phase of its development. “We will leverage our expertise in Iberchem’s underlying markets, as well as our international network, to accelerate the growth of the company,” said Virginie Morgon, deputy ceo of Eurazeo.

She also explained that Iberchem meets Eurazeo’s investment criteria, including “a strong management team driving superior organic growth thanks to an agile business model in the resilient fragrance and flavors sector benefiting from the expansion of the middle class in emerging markets.”

Fernandez said: “Iberchem will be able to continue on its successful path and increase its leadership through organic growth in existing and new markets, and selective [mergers and acquisitions].”

Eurazeo has a diversified portfolio of assets worth about 6 billion euros under management. It has investments in fashion companies such as Moncler, Farfetch and Desigual. In other sectors, holdings include AccorHotels, Europcar, Les Petits Chaperons Rouges and Novacap.