AWAX Group completed the acquisition of the German wax business of Sasol.

AWAX Group, an international group of companies exclusively focused on waxes, completed the acquisition of the German wax business of Sasol, a South African energy and chemical company. Financial terms were not disclosed. "Sasol Wax has the most advanced wax hydrogenation facility in the world. With this acquisition the Group will further expand its wax product portfolio and strengthen its technological leadership in the wax market," Giuseppe Ambroggio, AWAX CEO.