Azelis

Sales: ~€1.8 bn
Employees: 1,800

Azelis is a leading global distributor of specialty chemicals and food ingredients, providing a diverse range of products and innovative services.

Azelis supports more than 43,000 customers who benefit from its application know-how and technical support and have access to a wide product portfolio from more than 2,000 specialty raw materials producers. The company has over 1,800 employees and is present in over 40 countries globally.

Throughout Azelis’ extensive network of application laboratories (more than 50 worldwide), its technical staff helps customers develop and improve formulations. Azelis combines a global reach with a local focus to offer a reliable, integrated service to local customers, attractive business opportunities to principals and enriching careers to its employees.

Azelis is committed to maintaining the highest human, environmental and ethical values. The company holds the EcoVadis Gold rating, putting them in the top 1% of distributors in terms of corporate social responsibility engagement.

Market trends and drivers

The specialty chemicals distribution market is expected to grow, driven by underlying growth of specialty chemicals consumption and increasing share of outsourced distribution. Chemical distribution is a fragmented industry, where Azelis is well positioned to play a leading role in the ongoing consolidation.

Investment potential

EQT will support Azelis’ continued development by providing access to both operational and financial resources and by leveraging EQT’s expertise with buy-and-build strategies. In addition, EQT will provide digital capabilities and grant the company access to a global network of industrial advisors.