DKSH integrates chemical distributor Axieo in Australia and New Zealand. The acquisition is in line with the Group’s strategy to further strengthen and expand its market position and geographical footprint in business unit performance materials in Asia Pacific.
Integration to Boost Customer Reach in Australia and New Zealand
The expansion includes two innovation centers in collaboration with the Monash University in Melbourne, bringing the DKSH global network of innovation centers to 46 worldwide.
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DKSH is delighted to integrate Axieo into its global team. Our six offices give us true reach across Australia and New Zealand. The integration marks an exciting development for our new and existing customers, as we enrich the region with additional market insights, value-added services and our broad network,” said Ben Hopkins, senior director, DKSH Performance Materials, Australia & New Zealand.
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We see opportunities across many market segments. Our global resources and focus will really boost our bandwidth in both markets. The Axieo business profile creates insights and opportunities for DKSH that we can leverage for our global network,’’ added Hopkins.
About Axieo
Founded in 1950, Axieo has sold, marketed and distributed specialty chemicals and ingredients to nearly 3,000 customers. The ingredients are applied across the personal care, pharmaceutical, food and beverage industries. The specialty chemicals are used in multiple industrial applications, such as coatings, plastics and agriculture.
Source: DKSH