Azelis buys two and expands labs
In the space of a few weeks, distributor Azelis has acquired Sirius International, a distributor of speciality chemicals in the Benelux market, and Gillco Ingredients, a speciality ingredients provider in the US. Terms were not disclosed in either case.
Led by founder and CEO Leo Verboeket, Sirus is active in environmentally friendly chemicals for the detergent, personal care and water treatment markets in Europe. Azelis said this complements its lateral value chain in home care and industrial cleaning.
San Marcos, California-based Gillco dates back to 1982 and supplies flavours and fragrances to the US food and nutrition markets, including bakery, culinary, beverage, dairy and nutraceuticals. All of its 40 employees are expected to transfer, including owner Bill Gillies. The deal should be completed within Q2.
Azelis Americas is also opening three new application laboratories in at its site in Princeton, New Jersey. These will cover the personal care, home care and industrial cleaning, and lubricants and metalworking fluids markets. Each lab is customised and equipped for developing formulations, solving technical problems and providing technical assistance.