Azelis (Belgium), a specialty chemicals and food ingredients distributor, based in Europe, announced its 100% acquisition of Chemroy Canada Holding (Ontario, Canada), a privately owned distributor of specialty chemicals and ingredients, on 12th March 2019. The transaction would place Azelis as one of Canada's leading specialty distributors. Additionally, with Chemroy’s dedicated sales force into the food and nutraceutical segments, Azelis will have high growth opportunity in these segments.
Azelis acquired Chemroy Canada Holdings to strengthen its position in North America
Posted by
MarketsandMarkets on Mar 20, 2019 6:50:21 PM
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Topics: Food and Beverage, food processing ingredients market