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Announced

Azelis to acquire Lidorr Elements.

Synopsis

Azelis, a global innovation service provider in the specialty chemicals and food ingredients industry, agreed to acquire Lidorr Elements, a specialty chemical distributor in crop-protection, industrial materials, and care & nutrition. Financial terms were not disclosed. “We are delighted to join Azelis and bring over 50 years of excellence in the Israeli market so that we can prosper together. By accessing Azelis' technical and digital capabilities, we will be able to further develop and promote innovative and sustainable solutions for our customers. Joining the Azelis family offers many opportunities for synergies that will enable us to serve our customers and principals better, and outperform in the future,” Ami Lidor, Lidorr Elements CEO.

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