14 CHEMICAL DISTRIBUTION
based in Lebanon and Belgium. The company is an independent distributor of specialty chemicals, particularly for industrial markets. The deal will expand and strengthen Azelis’ position in this sector and enhance its geographical footprint in the Middle East, the Levant and sub-Saharan Africa. “This acquisition is an important milestone in our strategy to reinforce our market leadership in the region,” says Dr Müller. “Chemical Partners is a very strong fit to our product portfolio and geographical footprint, significantly strengthening our lateral value chain and positioning us to service more customers and grow with our principals. I look forward to seeing our teams join forces and everything that they will accomplish together.”
AZELIS HAS AGREED to acquire the distribution assets of Chemo India and Unipharm Laboratories, which handle specialty chemicals and ingredients for the CASE, lubricants and pharmaceutical sectors in India. The acquisition will strengthen Azelis’ industrial chemicals portfolio and its footprint in the pharmaceuticals market. “This acquisition is a sound strategic decision that increases the exceptional assets we already have in the Indian industrial chemicals and pharma markets,” says Laurent Nataf, CEO/president of Azelis Asia Pacific. “We anticipate many synergies will arise, allowing us to establish an
distributor of ingredients in the flavours and fragrances (F&F) market in India. The acquisition will provide Azelis with a strong platform in the sector in the Asia-Pacific region, following other acquisitions in the US and France last year. Mumbai-based Ashapura is the leading distributor of F&F ingredients in India, representing more than 225 principals. Owners Ajaykiran and Nayan Gudka will remain to lead the business post-integration. “Acquiring a majority stake in Ashapura is an important element of our global growth strategy that completes our F&F offering across all regions following the group’s
LOOK WEST In the Americas, Azelis has agreed to acquire a majority shareholding in ROCSA Colombia, a specialty chemical distributor active in the life sciences and industrial chemicals sectors in South America. The acquisition will represent a strategic expansion of Azelis’ global footprint and reinforces its growth strategy in the region. “Through the acquisition of ROCSA, we are proudly entering into South America with a market-leading company,” says Dr Müller. “This strategic platform provides Azelis with significant foothold in the market, as well as the opportunity to expand with our customers and principals, in line with our strategic vision in the region. Together, our combined capabilities and expertise will bring forth a compelling range of new and innovative solutions.” Carlos Yaipen, CEO of ROCSA Colombia, comments: “We are looking forward to joining forces with the Azelis team, to serve our customers and principals even better, and expand in the region together. Our marketleading regional expertise, together with Azelis’ strong global network brings us a powerful international reach, which will
attractive combined comprehensive offering that enables us to provide even more innovative solutions and formulation services, enhancing our value proposition to customers and principals.” Also in India, Azelis has agreed to acquire a majority stake in Ashapura Aromas, a leading
acquisitions of Vigon and Quimdis, and allows us to become a market leader in the F&F industry with Ashapura as the cornerstone of our F&F platform in Asia Pacific,” says Hans Joachim Müller, Azelis CEO. Azelis has also agreed to acquire Chemical Partners and its affiliate Chempart Polymers,
benefit our diverse range of principals and customers. We look forward to leveraging Azelis’ leadership in sustainability, digitalisation and innovation, and we’re confident that ROCSA will thrive under Azelis’ ownership.” www.azelis.com
FIVE CARD TRICK ACQUISITIONS • AZELIS HAS CONTINUED TO FEED ITS APPETITE FOR ACQUISITIVE GROWTH, WITH FIVE RECENT DEALS ILLUSTRATING ITS GLOBAL AMBITIONS FOR EXPANSION
HCB MONTHLY | JULY-AUGUST 2022
