Azelis completed the acquisition of ACEF.

Azelis, a service provider in the specialty chemicals and food ingredients industry, completed the acquisition of ACEF, a distributor of speciality raw materials and ingredients for the cosmetic, nutraceutical, galenic and pharma industries in Italy. Financial terms were not disclosed. "We are pleased to welcome ACEF to the Azelis group, bringing together skilled teams and creating opportunities for people to grow. This acquisition is another demonstration of our commitment to our purpose of enabling our customers to win and our principals to grow," Marco Gerosa, Azelis Managing Director.