Azelis buys in Thailand
Distribution giant Azelis has made another acquisition in the form of a majority stake in Catalite to follow many others across the globe.
Founded in 2015, Catalite is a distributor of speciality chemicals in the personal care, home care and other market segments in Thailand. The deal is expected to close within Q1, subject to customary closing conditions. CEO Udomlak Kootiratrakarn and COO Vaivit Arkaresvimun will continued to lead the business and all 49 employees will transfer to Azelis. Terms were not disclosed.
“With an attractive portfolio of products from several key principals, Catalite serves a large, growing customer base from its site in Bangkok, providing the Group a solid platform to accelerate its growth in the domestic market, and the wider Asia Pacific region,” Azelis said.
See more about Azelis UK Life Sciences Ltd
Other News
Featured Supplier
We are the first company in the world to offer biotechnological high-value cosmetic and nutraceutical actives from Plankton holobionts: phytoplankton - bacteria consortia.
Our technology platform, Phycosphere Biodynamic Techn ® (PBT) explores the complexity of this tiny ecosystem where phytoplankton and its microbiome cooperate: the...
Upcoming Events
in-cosmetics Korea 2022
Hall C, Coex, Seoul, South Korea
13 - 15 July 2022
PCHi China 2022
Shanghai World Expo Exhibition & Convention Center
18 - 20 July 2022
32nd IFSCC Congress
Park Plaza Hotel, Westminster
19-22 September 2022
in-cosmetics Latin America 2022
Expo Center Norte, Sao Paulo
21 - 22 September
Cosmetorium 2022
Palau de Congressos de Barcelona
28 - 29 September
SEPAWA 2022
Estrel Congress Center, Berlin
26 - 28 October
Access the latest issue of Personal Care Magazine on your mobile device together with an archive of back issues.
Download the FREE Personal Care Magazine app from your device's App store