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The acquisition expands the group’s footprint in South Africa.
June 17, 2024
By: KERRY PIANOFORTE
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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