Azelis to acquire Chemiplas Agencies.

Azelis, a service provider in the specialty chemicals and food ingredients industry, agreed to acquire Chemiplas Agencies, a distributor of specialty chemicals. Financial terms were not disclosed. “This acquisition is another illustration of our strong commitment to continued growth in the Asia Pacific region, and is an important milestone in our strategic vision of becoming a market leader in Australia and New Zealand. The acquisition of Chemiplas provides Azelis with a broader, more comprehensive lateral value chain, an experienced team with a shared vision, and a stronger regional presence across key market segments. Customers and principals will benefit from the enhanced solutions offered thanks to our collective innovation capabilities and complementary product portfolio," Hans Joachim Müller, Azelis CEO.