JUNE 20,2024

Azelis Strengthens Footprint in South Africa Through Acquisition of CPS Chemicals (Coatings)

2024-06-20 08:37

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

540_main.jpg

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.


Disclaimer:The Institute of Plastic Research makes every effort to ensure the accuracy of the information, reliability of the data, and objectivity and fairness of the content and viewpoints described herein. However, we do not guarantee the accuracy and completeness of the information. Any losses or legal consequences resulting from actions taken based on this information are the sole responsibility of the individual undertaking them.

Media Contact

Luke
Head of Info Center