Azelis acquires the French ingredient distributor Quimdis
Azelis announced the purchase of Quimdis, expanding its presence in France and the wider regions of Europe, the Middle East and Africa.
WHO: Quimdis was founded in 1988 by Jean-FranÃ§ois QuarrÃ©, Michel Manalt and Claire Couratier, focusing on essential oils and active ingredients. The company has become one of the leading distributors of ingredients for nutraceuticals, flavors and fragrances, animal nutrition, personal care, pharmacy and food in the French market and with sales in more than 45 countries. .
Azelis is a leading distributor of specialty chemicals and food ingredients in over 40 countries, with 15 personal care application laboratories around the world and 2,000 employees. Competent teams of industry, market and technical experts are each dedicated to a specific market within life sciences and industrial chemistry. They offer a lateral value chain of complementary products to around 40,000 customers.
WHY: This acquisition strengthens Azelis’ offer in rapidly growing and attractive markets, while strengthening Azelis France’s position in the life sciences sector. The transaction is in line with Azelis’ strategy of supplementing organic growth with strategic acquisitions.
IN THEIR OWN WORDS: Dr Hans Joachim MÃ¼ller, CEO and Chairman of Azelis, said: âFollowing our recent acquisition of Vigon in North America and now Quimdis, Azelis is well positioned to develop, structure and implement a global strategy for the aroma and fragrance market with the aim to become a market leader. Quimdis will be our EMEA pillar of this strategy and a crucial part of building a global aromas and fragrances platform. Quimdis and Azelis will combine their relationships with key executives, with the aim of expanding mandates in existing areas and new countries for a number of attractive product groups. “
Mr. Jean-FranÃ§ois QuarrÃ©, Founder and CEO of Quimdis, comments: âWe are delighted with the opportunity to continue to develop our business under the ownership of Azelis. In addition to benefiting from Azelis ‘main global relationships, Quimdis will have access to Azelis’ digital marketing and technical capabilities that will enable us to develop and promote innovative and sustainable solutions for the life sciences industry. Being part of the Azelis family offers many opportunities for synergy that will help secure our future.
Mr. Benoit Fritz, Managing Director of Azelis France, adds: âAzelis will rely on the expertise of Quimdis to complete our lateral value chain with reliable and natural products such as essential oils, amino acids, active ingredients. , vitamins and minerals. their strong presence in EMEA, their expertise and product portfolio in target market segments and attractive geographic areas. “
- Azelis has announced the purchase of French ingredient distributor Quimdis.
- Mr. QuarrÃ© will remain in post to support the transition from Quimdis to Azelis.
- Quimdis is headquartered in Paris and generates sales of close to â¬ 100 million, with 78 employees, more than 1,000 customers and 400 suppliers.