Azelis Italy about to acquire Came
Azelis has signed an agreement to acquire 100% of the shares of Came Chemical Mineral and Engineering in Italy.
Came is specialised in the distribution of chemicals for friction and sintering applications, CASE (coatings, adhesives, sealants and elastomeres), and cosmetics. The friction market covers a wide variety of materials used on large scale in several industries, such as automotive, metal fabrication, machinery, and electronics.
The acquisition of Came is supposed to enable Azelis to expand its field of activities into the friction market and it shall strengthen its presence in CASE, personal care and rubber & plastic additives (R&PA).
Employees will join Azelis
The transaction is consistent with Azelis’ corporate strategy of complementing organic growth with strategic acquisitions. Came’s employees will all join Azelis, including two of the owners, Mrs. Verena Cepparulo and Mr. Gianni Minetto.
