Azelis Grows in the Australian and New Zealand Market with New Acquisition

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Chemcolour, a supplier of specialty chemicals and food ingredients, will be acquired by Azelis within the next few months. Chemcolour employs a team of 90 people—all of which will be transferring to Azelis.

Murray Nancekivell, Chemcolour CEO explained, “Chemcolour has positioned itself well in the New Zealand and Australian markets and the time is right to continue this growth. The acquisition of Chemcolour by Azelis puts us in an even stronger position in the market to better serve our customers and principals. This, coupled with the strongly aligned Azelis and Chemcolour values, provides excellent opportunities for our employees going forward.”

Chemcolour’s local market consumer base has grown steadily over the years in both sectors of the company, which will help Azelis become a leading supplier in the area.

“Australia and New Zealand are wealthy countries with a growing population and rich in natural resources. The fact that the fundamentals of the countries positively contribute to the strength of Chemcolour’s business, makes this acquisition a great platform to extend mandates with our existing, global principals into Australia and New Zealand,” commented Azelis CEO, Hans Joachim Müller.