Azelis to become a leading specialty chemical distributor in Africa and the Middle East through the acquisition of Orkila
Azelis, a leading distributor of speciality chemicals and food ingredients, is delighted to announce that it has signed an agreement to acquire Orkila, the top distributor in this field throughout Africa and the Middle East.
To ensure business continuity the whole Orkila team will remain and continue to run the operations going forward.
Dr. Hans Joachim Müller, Azelis Chief Executive Officer & President, comments:
“We are very excited that Orkila will become a part of Azelis. They are a well-established company, known in Africa and the Middle East for their high quality, expertise and service. We have been impressed by Orkila’s committed management, the similarity of our business models and excellent cultural fit. “
Antoine Sacy, Founder, Chairman and CEO of Orkila, adds:
“After almost 15 years spent developing our regional network on a stand-alone basis, it is time for us to move on to the next stage in our evolution. Joining a well-established global player such as Azelis will enable us not only to continue to deliver high-quality products and services, to which our customers are accustomed but also to access new growth opportunities. “
Azelis is a leading distributor of speciality chemicals and food ingredients present in over 40 countries across the globe with around 2,000 employees. Our knowledgeable teams of industry, market and technical experts are each dedicated to a specific market within Life Sciences and Industrial Chemicals. We offer a lateral value chain of complementary products to about 40,000 customers, creating a turnover of €1.94 billion (2018). In the US we operate under a number of renowned co-brands in the personal care market segment.