ANTWERP, Belgium–(BUSINESS WIRE)–Regulatory News:
Azelis (Brussels: AZE), a leading global innovation service provider in the specialty chemicals and food ingredients industry, announces the acquisition of a majority stake in Catalite Co., Ltd. (“Catalite”), a well-established distributor of specialty chemicals in the Personal Care and Home Care market segments, as well as industrial formulators, intermediates and coatings, in Thailand.
The acquisition reinforces the Group’s footprint in the Life Sciences market, and complements its Industrial Chemicals portfolio in the country. With an attractive portfolio of products from several key principals, Catalite serves a large, growing customer base from its site in Bangkok, providing the Group a solid platform to accelerate its growth in the domestic market, and the wider Asia Pacific region.
Catalite’s 49 employees…
