M&A Deal Summary

Azelis Acquires Ingredients Plus China

On August 13, 2021, Azelis acquired consumer products company Ingredients Plus China from Ingredients Plus

Acquisition Highlights
  • This is Azelis’ 2nd transaction in the Consumer Products sector.
  • This is Azelis’ 2nd transaction in China.

M&A Deal Summary

Date 2021-08-13
Target Ingredients Plus China
Sector Consumer Products
Buyer(s) Azelis
Sellers(s) Ingredients Plus
Deal Type Divestiture

Target

Ingredients Plus China

Guangzhou, China
Ingredients Plus China is a provider of specialty ingredients to Personal & Nutrition & Home Care in Shanghai, Guangzhou, and Hong Kong. Ingredients Plus China is based in Guangzhou, China.

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Buyer(S) 1

Buyer

Azelis

Antwerp, Belgium

Category Company
Founded 2001
Sector Distribution
Employees3,481
Revenue 4.2B EUR (2024)
DESCRIPTION

Azelis is a distributor of specialty chemicals and food ingredients, providing diverse products and innovative services. Azelis was founded in 2001 and is based in Antwerp, Belgium.


DEAL STATS #
Overall 29 of 61
Sector: Consumer Products M&A 2 of 2
Type: Divestiture M&A Deals 3 of 6
Country: China M&A 2 of 3
Year: 2021 M&A 7 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-20 Quimdis

Levallois-Perret, France

Quimdis is a distributor of ingredients for nutraceuticals, flavors & fragrances, animal nutrition, personal care, pharma, and food. Quimdis was founded in 1988 and is based in Levallois-Perret, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-27 WWRC

Hong Kong, China

WWRC is a distributor of CASE (coatings, adhesives, sealants, and elastomers) and R&PA (rubber and plastic additives) industrial chemicals segments. WWRC was founded in 1980 and is based in Hong Kong, China.

Buy -

Seller(S) 1

SELLER

Ingredients Plus

Rydalmere, Australia

Category Company
Sector Distribution
DESCRIPTION

Ingredients Plus is an independent distributor of Beauty and Personal Care, Health, Pharmaceutical, and Nutrition, Household Care products. Ingredients Plus is based in Rydalmere, Australia.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2021 M&A 1 of 1