Azelis has acquired WhitChem to strengthen its industrial chemicals presence in the EMEA countries.
Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry, has acquired 100% of the shares of Whitfield Chemical Group Limited, the parent company of WhitChem, a distributor focused on CASE (coatings, adhesives, sealants and elastomers) and R&PA (rubber and plastic additives) in the UK.
The acquisition strengthens Azelis’ position in industrial chemistry, and in particular in the CASE and R&PA segments in the UK. WhitChem’s long-standing relationships with blue-chip principals and product portfolio strengthen Azelis’ lateral value chain in the UK, while their wide customer base and strong local technical sales team further expands the Group’s product offering and customer reach.
WhitChem's 30 employees generate the majority of sales in the UK, with some exports to Ireland. After closure, WhitChem management will continue to grow the business and further strengthen Azelis' CASE & R&PA team.
“We are thrilled to welcome WhitChem into Azelis. Their exemplary expertise, strong relationships and a diverse customer base complement the organic growth of Azelis, while at the same time providing a valuable addition for our lateral value chain for this growing market. Over the years, they have proven to be an important technical sale extension for their principals, having grown their market share significantly, and they continue to show strong growth prospects”, Anna Bertona, CEO & President Azelis EMEA.
“We look forward to combining our talents with Azelis and leveraging our synergies. We see many cross selling opportunities with our complementary product portfolios. CASE and R&PA are exciting markets that have seen significant growth of late and we are eager to expand our product offering and innovative services to the combined customer base. Together we form a great cultural fit and we will continue working on adding value and creating continued growth”, Charles Hawley, Managing Director at WhitChem.