Azelis has signed an agreement to acquire 100% of the shares of Hortimex, a specialty chemicals distributor active in the food ingredients and nutraceuticals segments serving the Polish market.
Matthias Hofmann, Group Innovation & Technology Management Director at Azelis, provides an in-depth insight into the company’s innovation activities and the underlying market trends.
Anna Bertona, Group CEO at Azelis, looks back on her first six month in this role and gives an insight into her plans for the company's development.
Azelis continues its acquisition spree, this time adding Indonesian distributor PT Marga Dwi Kencana (MDK) to its portfolio. Financial details of the deal were not disclosed.
On January 1, 2024, Anna Bertona will take on the role of Group CEO, succeeding Hans Joachim Müller, who will retire after serving more than 11 years in that role. Ralf Kempf asked Müller and Bertona about the foundations for the group's continued success and plans for its future strategic direction.
Azelis has agreed to acquire 100% of the shares of Agspec Australia, a leading distributor of crop nutrition, crop protection and specialty agricultural products in Australia. Financial terms of the transaction, which is expected to close in the first quarter of 2024 and is subject to customary closing conditions, were not disclosed.
Specialty chemicals and food ingredients distributor Azelis has appointed Evy Hellinckx as CEO of Azelis EMEA, effective Jan. 1, 2024. She succeeds Anna Bertona, who will take on her new role as Azelis Group CEO at the beginning of next year.
Azelis continues its acquisition spree, this time adding Dutch distributor Sirius International to its stable. Sirius said it will operate as part of Azelis as of Jun. 1. Financial terms of the transaction were not disclosed.
Azelis has agreed to buy Gillco Ingredients, a leading US distributor of specialty ingredients for the food & nutrition market. Headquartered in San Marcos, California, Gillco has 40 employees, supplying nearly 1,000 customers.
Azelis has agreed to acquire the majority shares of Brazilian specialty distributor Vogler Ingredients. Vogler is active in the food & nutrition and animal nutrition markets and employs 130 people servicing 2,300 customers, including many of the region’s largest food and animal feed producers.
In its second acquisition of the year so far, Azelis has agreed to buy Lidorr Elements, a leading Israeli specialty chemical distributor active in the crop protection, industrial materials and care & nutrition markets.
Specialty chemicals and food ingredients distributor Azelis has acquired 100% of Benelux smoke ingredients distributor Smoky Light.
Consolidation in the distribution sector continues apace. Specialty chemicals and food ingredients distributor Azelis has entered into an agreement to take over Chemiplas, a leading distributor of specialty chemicals, plastic raw materials and ingredients in Australia, New Zealand and the Pacific Islands.
Azelis has entered into an agreement to buy Eurotrading, an Italian specialty chemicals distributor with an extensive product portfolio in actives, emollients and emulsifiers.
Azelis has agreed to buy Turkish specialty chemicals distributor Dağalti Kauçuk San, marking its third acquisition in the country so far this year.
Azelis is acquiring Chemical Solutions (ChemSol), a distributor of raw materials for the personal care, cosmetics and household market segments in Malaysia.
Azelis is continuing its recent acquisition spree with agreements to buy two more companies in Lebanon and Turkey.
Azelis has announced that it has agreed to buy a majority stake in Ashapura Aromas, a leading Indian distributor of flavor & fragrance ingredients.
Azelis has agreed to acquire a majority stake in ROCSA Colombia, a specialty chemical distributor serving the life sciences and industrial chemical markets in South America.
Azelis has agreed to buy Chemo India and Unipharm Laboratories, distributors of specialty chemicals and ingredients for the coatings, adhesives, sealants & elastomers (CASE), lubricants & metalworking fluids and pharmaceutical market segments in India.
CHEManager asked executives and industry experts to share their views on the prospects for the chemical distribution sector.
The chemical distribution business is a diverse industry that provides customized solutions for important sectors such as pharmaceuticals, paints & coatings, agriculture, cosmetics, food & feed, and automotive. At the center of the supply chains of these sectors, distributors are critical partners for global corporations as well as for SMEs. This role has become particularly obvious and relevant during the corona crisis.
Mergers & acquisitions activity in the chemical distribution industry was high in 2021, but current macro-economic conditions may have a dampening effect on the number of deals that will conclude by the end of this year.
Azelis has bought Whitfield Chemical, the owner of WhitChem, a UK distributor focused on the coatings, adhesives, sealants and elastomers (CASE) and rubber and plastic additives (R&PA) market segments. Financial terms of the deal, Azelis’s third so far this year, were not disclosed.
Azelis has signed a deal to acquire Tunckaya, a Turkish food ingredients and additives distributor, further strengthening its position in the country’s fast-growing market for food, as well as the broader life sciences sector. The Istanbul-based company employs 25 people and serves more than 500 customers.
In its first acquisition of 2022, Azelis has purchased a majority stake in Thailand’s Catalite. The deal is expected to complete in the first quarter. The size of the stake and financial terms were not disclosed.
Azelis has acquired Neupert Specialities, an Austrian distributor specializing in food and health raw materials and ingredients in its local market, as well as in Germany and Switzerland. The deal strengthens the Belgium-based distributor’s presence in the growing Austrian food and health segment and in the region’s broader life sciences market, also adding cross-selling opportunities.
Belgian-headquartered multinational distributor Azelis and its shareholders have raised €1.77 billion in an initial public offering (IPO) on the Euronext Brussels exchange. Azelis gets €880 million from the offering, while shareholders including private equity firm EQT and PSP Investments receive €891 million.
Leading specialty chemicals distributor Azelis has announced plans to launch an initial public offering (IPO) on the Euronext Brussels exchange, aiming to raise €880 million to pay down debt and support its growth plans.
Azelis has agreed to acquire the Greater China operations of Ingredients Plus for an undisclosed sum, boosting the European distributor’s presence in the Chinese personal care industry. The deal is expected to close by the end of this month.
Specialty chemicals and food ingredients distributor Azelis is acquiring Quimdis, a French distributor of ingredients for nutraceuticals, flavors & fragrances, animal nutrition, personal care, pharma and food. Closing of the transaction is expected by the end of August.
Azelis has made two acquisitions this month to date, both in South Korea. The most recent agreement, announced on Jul. 14, is the proposed takeover of Seoul-headquartered Coseal, which specializes in the distribution, repackaging and blending of agricultural/horticultural surfactants.
In the drive to reach growth objectives, or to maintain and enhance “critical mass”, mergers & acquisitions (M&A) has been a theme for the chemical distribution industry for years. The industry leaders (by size and geographic reach) were all built through a series of such transactions. The practice is further trickling down to the smaller and mid-sized company layer of the sector, and more distributors espouse external growth options.
How to Build or Maintain Critical Mass in the Chemical Distribution Industry
Analysis of the mergers & acquisitions activity in chemical distribution under the impression of the pandemic situation and how it might develop going forward.
