Azelis expands its presence in the Swiss market with the acquisition of Georges Walther AG
September 25 2017, David R BrownTweet
Azelis has announced the acquisition of Georges Walther AG, an independent family run company based in Switzerland. Originally starting as a sole trading company for commodities in 1942, Georges Walther AG has advanced in the recent years to become a well-respected business partner for specialities and innovations in Switzerland. Georges Walther AG employs nine people and is based in Pfaffikon(SZ), with a warehouse in Rumlang.
Combining this acquisition with existing operations from Azelis Switzerland and Azelis Germany will give us the perfect platform to strengthen our presence in the Swiss marketAnna Bertona
Azelis CEO & President EMEA
With the majority of revenue coming from high quality cosmetic ingredients, essential oils and fragrances, the company has developed an expertise in spheres, beads and soft pearls. In addition, the portfolio also includes pharma ingredients, food supplements and food ingredients.
Anna Bertona, Azelis CEO & President EMEA, comments: “Combining this acquisition with existing operations from Azelis Switzerland and Azelis Germany will give us the perfect platform to strengthen our presence in the Swiss market. It will allow us to focus on advanced personal care products in the portfolio and will enable us to be closer to our customers’ R&D centres.”
Jean-Michel Walther, CEO & Sales at Georges Walther adds: “Market consolidation is inevitable in the industry, having access to the Azelis application labs, technical services and network will allow us to continue our growth trajectory. We are looking forward to become part of a larger family – trust and personal relationships are at the heart of our culture, which will fit extremely well with Azelis’ core values.”
Jean-Michel Walther will become Business Manager for Personal Care in Switzerland. His key responsibilities will be to further develop the personal care market in Switzerland, reporting to Urs Haller, Managing Director Azelis Switzerland.
The transaction will be closed in the course of the next months.
Azelis is a leading global speciality chemicals and food ingredients distributor providing a diverse range of innovative products and services. Dedicated teams serve customers in the following industries: Personal Care, Pharma, Food & Health, Animal Nutrition, Specialty Agri/Horti, Homecare & Industrial Cleaning, CASE (coatings, adhesives, sealants & elastomers), Chemicals, Lubricants & Metal Working Fluids and Rubber & Plastic Additives. The Group has a turnover of around €1.6 billion and employs around 1,700 knowledgeable people located in more than 60 facilities in over 40 countries across the EMEA, Asia Pacific and Americas regions.
Source(s): Azelis Press Release
Attention Chemical Distributors!
Please send your press releases to: firstname.lastname@example.org
Latest Distributor News
- 3 Jul 2018 - Brenntag strengthens its footprint in Canada by acquiring the chemicals distribution business of Canada Colors and Chemicals »...Source: Brenntag Press Release
- 29 Jun 2018 - Whyte Chemicals, one of the UK's largest remaining privately-owned chemical distributors, has been acquired out of administration by the OQEMA Group »...Source: Chemagility Sources
- 20 Jun 2018 - Swiss Omya Group acquires Romanian chemicals distributor, Stera Chemicals »...Source: Omya Press Release
- 19 Jun 2018 - Leading investment firm EQT Partners granted exclusivity to acquire specialty chemical distributor, Azelis »...Source: Azelis Press Release
- 16 Jun 2018 - Fecc Annual Congress 2018 Review - Towards innovative business models in Chemical Distribution 4.0 »...Source: Chemagility Press Release
- 12 Jun 2018 - IMCD to acquire major U.S. specialty chemicals distributor E.T. Horn Company »...Source: IMCD Press Release
- 17 May 2018 - Azelis strengthens its position in the Nordic food market with the acquisition of Ingredi »...Source: Azelis Press Release
- 17 May 2018 - Leading U.S. specialty chemicals distributor, Maroon Group acquires J Tech Sales »...Source: Maroon Group Press Release
- 14 May 2018 - Azelis expands into South Korea with the acquisition of SammiChem Co »...Source: Azelis Press Release
- 8 May 2018 - Univar to acquire Earthoil, a UK-based supplier of natural oils »...Source: Univar Press Release
- 30 Apr 2018 - Azelis continues to expand in Asia Pacific with the opening of 3 laboratories in India »...Source: Azelis Press Release
- 30 Apr 2018 - Lake invests in business-critical coatings capabilities »...Source: Lake Chemicals and Minerals Press Release
- 16 Apr 2018 - Barentz International establishes a Joint Venture with Tovani Benzaquen Ingredients in Brazil »...Source: Barentz Press Release
- 12 Apr 2018 - Barentz International and Deltagen form joint venture for Latin America »...Source: Barentz Press Release
- 10 Apr 2018 - IMCD strengthens its technical offering in Asia with two new application laboratories in Indonesia and Malaysia »...Source: IMCD Press Release
- 9 Apr 2018 - Safic-Alcan opens Russian subsidiary »...Source: Safic-Alcan Press Release
- 1 Apr 2018 - Blackstone is preparing to sell leading Australian chemical distributor Ixom in dual-track sale process »...Source: Chemagility Sources
- 28 Mar 2018 - Global polymer distributor Bamberger Polymers Corp. bought by Plastiche SA »...Source: Chemagility/Plastics News Europe
- 27 Mar 2018 - Orkila and Lonza's Capsule Delivery Solutions announce exclusive agency partnership in Egypt »...Source: Orkila Press release
- 6 Mar 2018 - Grupo ADI acquires Spanish chemical manufacturer and distributor, Quaternia »...Source: Grupo ADI Press Release
- 6 Mar 2018 - Azelis strengthens its position in the Moroccan food market with the acquisition of Distralim »...Source: Azelis Press Release
- 23 Feb 2018 - 2M Group continues its growth in Europe with the acquisition of specialty chemicals distributor, FrankenChemie »...Source: 2M Holdings Press Release
- 19 Feb 2018 - Sunil Healthcare appoints HARKE GROUP as exclusive distributor for empty capsules »...Source: HARKE Press Release
- 14 Feb 2018 - Bodo Möller Chemie expands its European network with the formation of UK subsidiary »...Source: Bodo Möller Chemie Press Release
- 1 Feb 2018 - The Krahn Chemie Group extends its European network with the acquisition of Memolex SAS, France »...Source: Krahn Chemie Press Release