Azelis Maintains Fast Track

Azelis is one of the recent success stories of the European chemical distribution sector. The company was formed in 2001 through a private equity-backed merger of two small distributors, one based in France and the other in Italy. Azelis has since expanded rapidly to become Europe’s third-biggest distributor with sales of more than €1 billion/year ($1.6 billion), mainly in specialty chemicals and polymers, and the company aims to double sales by 2012. Most of the growth has been achieved via acquisition. Azelis today has operations in 26 European...

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