Azelis, a leading innovative service provider in the specialty chemicals and food ingredients industry, announces the signing of the acquisition of Quimdis, a leading French distributor of ingredients for nutraceuticals, flavours & fragrances, animal nutrition, personal care, pharma and food. This acquisition strengthens Azelis’ offering to fast-growing and attractive markets, whilst also enhancing the position of Azelis France in the life sciences sector. The acquisition is expected to be completed at the end of August.
Said Dr. Hans Joachim Müller, Chief Executive Officer & President at Azelis: “Following our recent acquisition of Vigon in North America and now Quimdis, Azelis is well positioned to develop, structure and implement a global strategy for flavour & fragrance market with the aim to become a market leader. Quimdis will be our EMEA pillar of that strategy and a crucial part of creating a global flavour & fragrance platform. Quimdis and Azelis will combine its relationships with top tier principals, with the aim of extending mandates in existing and new countries for a number of attractive product groups.”
Added Jean-François Quarré, Founder and CEO at Quimdis: “We are delighted about the opportunity to continue to grow our business under Azelis’ ownership. As well as benefitting from Azelis’ global principal relationships, Quimdis will have access to Azelis’ digital marketing and technical capabilities which will allow us to develop and promote innovative and sustainable solutions for the life science industry. Becoming part of the Azelis family provides many synergistic opportunities that will help secure our future.”
Concluded Benoit Fritz, Managing Director of Azelis France: “Azelis will leverage Quimdis’ expertise to complement our lateral value chain with reliable and natural products like essential oils, amino acids, active ingredients, vitamins and minerals. We will further benefit from their strong presence across EMEA, expertise and product portfolio in attractive target market segments and geographies.” For more visit azelis.com