Industry News, Mergers and Acquisitions, Suppliers News

Azelis Strengthens Footprint in South Africa, Adds CPS Chemicals (Coatings)

The acquisition expands the group’s footprint in South Africa.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Azelis has signed an agreement to acquire 100% of the shares of CPS Chemicals (Coatings) Pty Ltd, a specialty chemicals distributor to the paint, ink, resins, paper, plastics and rubber industries. The acquisition expands the group’s footprint in South Africa, complementing Azelis’ lateral value chain in the CASE segment. It will allow Azelis to serve customers better and accelerate growth in South Africa and the broader EMEA region....

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