Azelis to expand into South America with ROCSA Colombia acquisition
Speciality chemicals distributor Azelis is to acquire ROCSA Colombia, a distributor active in both life sciences and industrial chemical markets in South America.
ROCSA is one of the leading speciality chemical distributors in Colombia, with a rapidly-growing presence in Peru and Central America.
It is active in the life sciences market, primarily in food & nutrition, personal care, and home care & industrial cleaning, as well as in industrial chemicals, with a strong presence in CASE (coatings, adhesives, sealants, elastomers) and plastic additives.
With over 130 employees, including a strong and experienced sales force and logistics team, the company serves 1,900+ customers from its headquarters in Colombia and four other offices across the region.
Azelis said the acquisition represents a strategic expansion of the group’s footprint, reinforcing its platform to execute its growth strategy in the region.
“Given ROCSA’s long-standing relationships with global strategic principals, as well as large domestic and regional suppliers, the company’s principal portfolio and product expertise significantly expand Azelis’ lateral value chain,” it added.
“Following the establishment of the group’s regional innovation centre in Mexico, the addition of ROCSA’s portfolio of products and capabilities is a significant milestone in Azelis’ strategy in South America.”
The transaction is expected to close in the third quarter of 2022, after fulfilment of customary closing conditions.
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