Azelis has acquired 100% of the shares of Chemical Solutions Sdn Bhd (ChemSol), a leading distributor of raw materials in the personal care, cosmetics and household markets in Malaysia.
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Azelis is a leading global innovation service provider in the specialty chemicals and food ingredients industry. With this acquisition, Azelis is expected to benefit from the growing personal care market in Malaysia, especially in the halal cosmetic industry.
Laurent Nataf, CEO and president of Azelis Asia-Pacific, said, “ChemSol’s strong market presence, comprehensive portfolio and innovation capabilities will greatly enhance Azelis’ footprint in Malaysia, along with the addition of their experienced and technically competent team. Our complementary business models also allow us to better support our customers and principals, as they will benefit from our combined technical expertise and compelling expanded product offerings.”