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Chemiplas is one of the leading distributors of specialty chemicals, plastic raw materials and ingredients in Australia, New Zealand and the Pacific Islands.
December 5, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Azelis announced that is has signed an agreement to acquire 100% of the shares of Chemiplas Agencies Ltd, one of the leading distributors of specialty chemicals, plastic raw materials and ingredients in Australia, New Zealand and the Pacific Islands. The acquisition significantly expands Azelis’ footprint and accelerates its growth in Asia Pacific. The addition of Chemiplas’ attractive portfolio of products from key principals strategically complements the group’s lateral value chain, strengthening market coverage and formulation expertise. This allows the group to provide more innovative solutions to customers, thereby reinforcing its position in Australia and New Zealand. “This acquisition is another illustration of our strong commitment to continued growth in the Asia Pacific region and is an important milestone in our strategic vision of becoming a market leader in Australia and New Zealand,” Dr. Hans Joachim Müller, Azelis CEO, said. “The acquisition of Chemiplas provides Azelis with a broader, more comprehensive lateral value chain, an experienced team with a shared vision, and a stronger regional presence across key market segments. Customers and principals will benefit from the enhanced solutions offered thanks to our collective innovation capabilities and complementary product portfolio.”
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