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Specialty chemicals distributor Azelis to acquire specialist supplier S&D Group Ltd

February 22/2011

(Azelis) -- Azelis, the leading pan-European specialty chemicals distributor, has signed a definitive agreement to acquire S&D Group Limited, a leading specialist supplier of raw materials and ingredients to the pharmaceutical, food, personal care and performance chemicals industries.

The acquisition of S&D Group is strategically important as it will significantly strengthen the Azelis Life Science business (Pharma, Food & Health and Personal Care), both in terms of portfolio coverage as well as geographic spread.

Excluded from the acquisition are those S&D companies involved in the pharmaceutical finished dosage (S&D Pharma), chemical synthesis and laboratory supply markets (Chemgo), as well as part of its personal care actives business  (S&D Chesham GmbH and ProTec Ingredia), - these entities will retain their original ownership.

The completion of the acquisition is subject to cartel clearance and is expected to close within the first quarter.

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