Both companies are focused on an expansion of technical expertise to bring innovative solutions to customers.
Azelis has agreed to acquire CW Pacific, Elle Bee Exports, CW Pacific Specialties and EB1 in Australia. The acquisition of CW Pacific will strengthen the footprint of Azelis Australia in the life science sector. Furthermore, CW Pacific and Azelis are both focused on a “steady expansion” of technical expertise to bring innovative solutions to their customers.
Laurent Nataf, CEO and president of Azelis Asia-Pacific, elaborated: “The acquisition of CW Pacific will increase our market presence and overall product offering, and it will generate cross-selling opportunities in food and agrochemicals. Customers of CW Pacific and Azelis will benefit from the improved product range, while it will also facilitate our sales growth in the food market of New Zealand, to name only some of such opportunities.
Established in1997, CW Pacific specialises in the distribution of food ingredients for the bakery and meat market as well as specialty chemicals for the horticulture market. They primarily serve the Australian market but also Papua New Guinea, New Zealand and other Pacific islands.
Skip Webb, founder and managing director of CW Pacific, added: “This new partnership will provide continuity of our business and access to additional customers and suppliers, as well as further expertise, infrastructure and growth opportunities. In short, we see many synergies and we are thrilled about the next chapter in our company history.”