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Announced

Azelis to acquire Localpack.

Synopsis

Azelis, a service provider in the specialty chemical and food ingredients industry, agreed to acquire Localpack, a specialty chemical distributor active in both the life sciences and industrial chemicals segments. Financial terms were not disclosed. “The acquisition of Localpack brings Azelis a partner with a strong product portfolio and performance track record in Colombia. This transaction expands our customer base and relationships with key principal partners who are aligned with our strategic vision for the region. The Localpack team shares our commitment to innovation, and we look forward to continuing towards our goal of becoming the preeminent provider of innovation and solutions for our customers and principals in Latin America,” Todd Cottrell, Azelis CEO, Americas.

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