Azelis acquires Chemiplas Agencies
Azelis has signed an agreement to acquire Chemiplas Agencies, one of the leading distributors of specialty chemicals, plastic raw materials and ingredients in Australia, New Zealand and the Pacific Islands.
The acquisition is intended to significantly expand Azelis’ footprint and to accelerate the company’s growth in Asia Pacific. The addition of Chemiplas’ portfolio of products from key principals strategically complements the group’s lateral value chain, strengthening market coverage and formulation expertise.
Global, regional and local strategic principals
Founded in 1976, Chemiplas’ network is supported by long-standing partnerships with over 200 global, regional and local strategic principals. Chemiplas employs more than 100 staff, including an experienced sales team, serving a substantial customer base of over 1,900 companies from its headquarters in Auckland and six other offices across Australia and New Zealand. Chemiplas’ management team and employees will become part of the Azelis family, supporting the business and integration process. The transaction is expected to close before the end of the first quarter of 2023, after fulfilment of customary closing conditions.
