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Company NewsIndustry News

Azelis Acquires Sirius International

Mergers and Acquisitions
June 6, 2023

Azelis, a service provider in the specialty chemicals and food ingredients industry, announced that it has signed an agreement to acquire 100% of the shares of Sirius International (“Sirius”), a distributor of specialty chemicals in the Benelux market.

This acquisition complements Azelis’ lateral value chain in home care and industrial cleaning with a portfolio that aligns with Azelis' ambition to become a world-leading innovation service provider. Pioneering in the formulation of sustainable cleaning products from biodegradable and/or recyclable chemical raw materials and with expertise in green chemicals, Sirius will reinforce Azelis' sustainability program and enable it to offer innovative environmental solutions to its customers in the EMEA region and beyond.

Founded in 2004 by current CEO Leo Verboeket, Sirius is a distributor of environmentally friendly chemicals for the detergent, personal care and water treatment markets in Europe. Based in Baarn, the Netherlands, this team of experienced professionals has an established market position and longstanding relationships with its principals, providing innovative products to European customers.

Leo Verboeket, CEO Sirius, said, “We are excited to join Azelis’ family, a company that shares our values and commitment to sustainability. We look forward to developing more innovative solutions for our customers and expanding the reach of our current offerings to customers worldwide. This partnership will allow us to leverage Azelis' global network and expertise in sustainable chemistry, as we work together towards our shared goal of making a positive impact on the environment and society.”

Evy Hellinckx, Managing Director Azelis Benelux, added, “By joining forces with Sirius, we are delighted to strengthen our presence in, among others, the home care and industrial cleaning markets in the Benelux and EMEA region. We are committed to promoting sustainable solutions across all sectors of the chemical industry, and we believe that this partnership will help us achieve our goals. We look forward to working with the talented team at Sirius to drive innovation and deliver value to our customers, while staying true to our shared values of sustainability and responsible business practices.”

KEYWORDS: distribution agreements Distributors mergers and acquisitions specialty chemical companies

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