Azelis Closes Deal for Acquisition

hands of cooperation
Andres Rodriguez - Fotolia

Azelis announced the deal to acquire US-based KDG is complete and has now closed following regulatory clearance. KDG is now Azelis Americas and is led by Frank Bergonzi, CEO and president of Azelis Americas, and a member of the Azelis board of directors.

Previously: Azelis Acquires Koda

"We definitely have aligned business philosophy, centered around technical service and focus our efforts on specialty chemicals and ingredients."

Azelis Americas will continue to operate in the USA and Canada using its existing business business model and strategy.

“We are delighted to be part of Azelis. As our teams have gotten to know each other over the last weeks, it has been clear that we have similar cultures. We definitely have aligned business philosophy, centered around technical service and focus our efforts on specialty chemicals and ingredients. We share a common goal: to better serve our customers and principals at a global, regional and local level. Since the deal was announced, we learned that many of our principals have indicated they are interested in growing with us. A key attribute is our ability to access the smaller customer base via skilled sales teams with in-depth technical knowledge and market expertise," said Frank Bergonzi.

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