Current portfolio

Azelis

Specialty chemicals and food ingredients distributor

Azelis is a leading global innovation service provider for the specialty chemicals and food ingredients industry.

  • Sektor
    Services
  • Land
    Luxembourg
  • Ansvarig Advisor
    Bert Janssens, Kristiaan Nieuwenburg
  • Fond
    EQT VIII
  • Entry
    2018
  • Web

Private Capital

Azelis

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About Azelis
Azelis supports more than 45,000 customers who benefit from its application know-how and technical support and have access to a wide product portfolio from more than 2,200 specialty chemicals and food ingredient suppliers. The company has nearly 2,800 employees present in 56 countries.

Throughout Azelis’ extensive network of application laboratories (more than 60 worldwide), its technical staff helps customers develop and improve formulations. Azelis combines a global reach with a local focus to offer a reliable, integrated service to local customers, attractive business opportunities to principals and enriching careers to its employees.

Azelis is committed to maintaining the highest human, environmental and ethical values. The company holds the EcoVadis Platinum rating, denoting sustainability performance within the top 1% of all assessed companies globally.

Market trends and drivers
The specialty chemicals and food ingredients distribution market is expected to grow, driven by underlying growth of specialty chemicals consumption and increasing share of outsourced distribution. Specialty chemicals and food ingredients distribution is a fragmented industry, where Azelis is well positioned to play a leading role in the ongoing consolidation.

Investment potential
EQT will support Azelis’ continued development by providing access to both operational and financial resources and by leveraging EQT’s expertise with buy-and-build strategies. In addition, EQT will provide digital capabilities and grant the company access to a global network of industrial advisors.

Board of directors

  • Chairperson
    Antonio Trius
  • Board member
    Bert Janssens
  • Board member
    Kristiaan Nieuwenburg
  • Board member
    Alexandra Brand
  • Board member
    Jürgen Buchsteiner
  • Board member
    Ipek Oszuer
  • Board member
    Dr. Hans-Joachim Müller
  • Board member
    Thijs Bakker

Management

  • CEO
    Dr. Hans-Joachim Müller
  • CFO
    Thijs Bakker

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