6 articles
Azelis expands its partnership with Milliken & Company by signing a distribution deal for PU colorant solutions in India's CASE market.
Private equity firm EQT has fully exited its stake in chemical distributor Azelis, which previously listed on the stock market in 2021. This transaction alters the ownership landscape for the global i
Azelis reported a 7.6% year-over-year sales decline in Q4, primarily driven by negative currency effects, resulting in lower profits due to weaker margins.
EQT reduced its stake in chemical distributor Azelis to below 10%. The firm originally acquired the company in 2018 and supported its 2021 IPO.
Azelis has appointed Boris Cambon-Lalanne from Solvay as its new Chief Financial Officer. He is set to join the Azelis board in January 2026.
Azelis reported declining sales and earnings due to weak organic demand and negative foreign exchange effects, despite acquisition contributions.
ChemBrief