Announced
Financials
Tags
Acquisition
Australia
Majority
beverage manufacturing
Food Products
Cross Border
Private
Pending
Friendly
Single Bidder
Synopsis
Azelis, a service provider in the specialty chemical and food ingredients industry, agreed to acquire Agspec Australia, a distributor of crop nutrition. Financial terms were not disclosed. “We are delighted to be joining Azelis, with their expertise in developing and marketing specialty chemicals, as this is synonymous with the Agspec business model. Azelis provides the critical mass for Agspec to fully realize its potential. Innovation being at the heart of Azelis' strategy, it seemed obvious to us that they would be the best and most complementary partner,” Jonathon Lillecrapp and Andrew Glynn, Agspec Founders.
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