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Azelis Acquires India-based S. Amit Group

Azelis reinforces its footprint in India with the acquisition of S. Amit Group.

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By: KERRY PIANOFORTE

Editor, Coatings World

Azelis has signed an agreement to acquire 100% of the distribution business of S. Amit Group, a Mumbai-based distributor of performance chemicals for the pharmaceutical, agricultural and CASE markets in India.

Customers will benefit from access to a broader combined portfolio of products and technical expertise. In addition to a widened distribution channel, principals will benefit from Azelis’s ability to leverage its expanded product portfolio to create more formulations and develop new applications for their products.

The acquisition strengthens Azelis’s market share in India and is in line with the group’s strategy of reinforcing its position as the industry reference in its focus end markets
Sertaç Sürür, Azelis Asia Pacific CEO, comments: “We are delighted to welcome S. Amit Group to Azelis. This acquisition unlocks new opportunities and strengthens our presence in the thriving domestic market in India. S. Amit Group’s value proposition complements Azelis’s capabilities and will allow us to deliver greater value for both customers and principals. Together, we look forward to creating innovative solutions to meet the evolving needs of today.”

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