News Article 2016

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August 8 2016, David R Brown

Azelis acquires Ametech, a speciality chemical distributor for agrochemical and fertiliser formulations

Azelis has agreed to acquire 100% of Milan-based Ametech, a leading distributor of speciality chemicals for agrochemical and fertiliser, feed and veterinary, emulsion polymerisation applications as well as a number of other industrial markets.

The acquisition of Ametech will allow Azelis to expand into this high performing sub-sector within the agricultural industry, a key market, in which we have had limited presence in the past

Dr Hans Joachim Müller
CEO of Azelis

With Italian, French and Spanish operations, Ametech is a market leader in the distribution of adjuvants and surfactants for agrochemicals and employs around 30 employees who will all become part of the Azelis Group. The company has grown substantially in recent years as a result of expanding both its product range and geographical presence.

Dr Hans Joachim Müller, Azelis CEO, comments: “The acquisition of Ametech will allow Azelis to expand into this high performing sub-sector within the agricultural industry, a key market, in which we have had limited presence in the past. Ametech's strong track record in product innovation and formulation, which has enabled them to grow faster than the market, perfectly complements our focus on the technical knowledge, laboratory formulation and application support to our customers.”

Mr Ambrogio Erba, Managing Director of Ametech, adds: “Further growth through product and territory expansion will keep our strong opportunity pipeline going. Becoming part of Azelis will enable us to utilise their growing global presence so that we can focus more on development and innovation. We now have a chance to expand that know-how into new territories, which is very exciting for us.” Mr Erba will become Market Segment Director for Specialty Agri/Horti business at Azelis.

In addition to its core business of crop protection, Ametech is also active in the metal working & cleaning, textiles, emulsion polymerisation and homecare markets.

The deal with Ametech demonstrates the commitment of funds advised by Apax Partners, the major shareholders in Azelis, to support its global growth in the speciality chemicals segment. Apax is confident that the expanded range of services and global reach provided by this acquisition, following that of US-based Koda Distribution Group in December last year, will bring significant benefits to customers of the combined Group.

About Azelis
Azelis is a leading global specialty chemicals distributor providing a wide range of products and services to over 20,000 customers in the personal care, pharma, food and health, animal nutrition, homecare and industrial cleaning, coatings, lubricants and metal working fluids, rubber & plastic additives and chemicals industries. Azelis has a turnover of around €1.5 billion and employs around 1,500 people located in more than 45 facilities in 35 countries across Europe, North America, China, Australia, Canada, India, Japan, Malaysia, Thailand, Vietnam and Morocco.

Source(s): Azelis Press Release

Further Information

Visit: http://www.azelis.com