A leading distributor of specialty chemicals and food ingredients, Azelis announces that it acquired 100% of the shares of CW Pacific, Elle Bee Exports, CW Pacific Specialties and EB1 Pty Ltd (“CW Pacific”) in
Australia. CW Pacific specializes in the distribution of food ingredients for the bakery and meat market as well as specialty chemicals for the horticulture market. They primarily serve the Australian market but also Papua New Guinea, New Zealand and other Pacific Islands.
The acquisition will boost the footprint of Azelis Australia in the life science sector. The acquisition process is expected to close in two months. Both companies are focused on a steady expansion of technical expertise to bring innovative solutions to customers.
“The portfolio of CW Pacific is highly complementary to our current one and will boost the life sciences portfolio of Azelis Australia and New Zealand. The acquisition of CW Pacific will increase our market presence and overall product offering and it will generate cross-selling opportunities in food and agrochemicals. Customers of CW Pacific and Azelis will benefit from the improved product range, while it will also facilitate our sales growth in the food market of New Zealand, to name only some of such opportunities.”, said Laurent Nataf, CEO & President of Azelis Asia Pacific.
Meanwhile, Skip Webb, Founder and Managing Director of CW Pacific, says:
“We have built an excellent local commercial presence in the market over the years. By becoming part of a strong international player such as Azelis, we will bring considerable added value for our principals, our customers as well as to the team of CW Pacific. This new partnership will provide continuity of our business and access to additional customers and suppliers, as well as further expertise, infrastructure and growth opportunities. In short, we see many synergies and we are thrilled about the next chapter in our company history.”
“The excellent market presence in food and agriculture that CW Pacific has established, in combination with the global principals that Azelis has access to, will enable us to distribute an even more diverse and more competitive range of food and agriculture ingredients into the Oceania market. We are looking forward to building on this extended platform.”, said Camiel Huisman, Managing Director of Azelis Australia.