Industry News

Azelis Acquires Chemcolour, Expands Market in Australia & New Zealand

Published on 2017-07-26. Author : SpecialChem

Azelis has agreed to fully acquire Chemcolour. Chemcolour is a provider of specialty chemicals and food ingredients in Australia and New Zealand (ANZ). The company employs a highly knowledgeable team of 90 people, who will all transfer to Azelis. The acquisition strengthens and positions Azelis among the top distributors in ANZ.

Expanding Market in Australia and New Zealand

Azelis Acquires Chemcolour, Expands Market
in Australia & New Zealand

Chemcolour is well positioned in the local markets and has shown steady growth over the years, both in specialty chemicals and food ingredients sectors. The company has built a strong portfolio of globally established suppliers due to its solid values, technical expertise and innovative, problem-solving approach.

Dr Hans Joachim Müller, Azelis CEO, comments on the deal:

Australia and New -Zealand are wealthy countries with a growing population and rich in natural resources. The fact that the fundamentals of the countries positively contribute to the strength of Chemcolour’s business, makes this acquisition a great platform to extend mandates with our existing, global principals into Australia and New Zealand.

Laurent Nataf, Azelis CEO APAC, adds:

Chemcolour has significant presence and a long-standing history in both New Zealand and Australia. Their business model is fully tailored to local markets, not only in their superb product portfolio and service, but also in the technical knowledge and commercial skills of their people.

It is a perfect fit, as we have always strived to be the best local champion in every region we serve. I am confident we will create many synergies and achieve new wins together.

Murray Nancekivell, Chemcolour CEO:

Chemcolour has positioned itself well in the New Zealand and Australian markets and the time is right to continue this growth. The acquisition of Chemcolour by Azelis puts us in an even stronger position in the market to better serve our customers and principals. This, coupled with the strongly aligned Azelis and Chemcolour values, provides excellent opportunities for our employees going forward.

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Source: Azelis
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