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NEWS BULLETIN
CHEMICAL DISTRIBUTION
OMYA DIGS DEEP
Omya has acquired Prima Inter-Chem, a distributor of ingredients and specialty chemicals in Malaysia and Indonesia, boosting its presence in the food, pharma, animal feed and industrial markets and establishing a platform for growth in the region. “The acquisition of Prima is another success of our strategy of acquiring complementary businesses,” Omya states. “Prima and Omya share the same values and a business approach of helping customers and principals expand their market reach, both locally and internationally. With this acquisition, we are expanding Omya’s presence, particularly in food and pharma ingredients in Asia Pacific, and our existing capabilities will be strengthened by the exceptional knowledge, experience and expertise that Prima brings to our organisation.” Omya has also reached an agreement to acquire Hall Technologies, a specialty chemical distributor headquartered in St Louis, Missouri with operations throughout the Midwest and southern US. The acquisition, which is expected to close before the end of April, is designed to enhance Omya’s distribution network in North America. “We are very excited to welcome Hall Technologies to the Omya Group,” says Rainer Siedler, CEO Americas at Omya. “Under Jeff Laurent’s leadership, Hall has built a leading position in the Midwest specialty chemical distribution market. We look forward to welcoming the Hall Technologies team into the Omya family.” Laurent adds: “We look forward to being part of the Omya Group. We strongly believe that, by leveraging our combined businesses, we will continue to grow and offer superior value to our supplier network and customer base.” www.omya.com
HCB MONTHLY | APRIL 2022
ACQUISITIONS BOOST AZELIS
Azelis has reported 2021 revenues of €2.83bn, up 27.2 per cent on the 2020 figure; more than half of that gain represented organic growth, the company says, although the 12 acquisitions it completed in the year represent more than €530m in annualised revenue. Adjusted EBITDA rose 41.3 per cent over 2020 to reach €267.9m and net profit was up 38.3 per cent at €98.2m. “I am pleased to report record-setting achievements in 2021,” says Dr Hans Joachim Müller, CEO. “This performance is all the more noteworthy given the ongoing industry challenges. In 2021, we secured multiple
mandates with new and existing suppliers, underscoring our demonstrated ability to grow our principals’ business. We established a leading franchise in the flavours and fragrance market with the acquisition of Vigon in the US and Quimdis in France. We accelerated our growth strategy in Asia-Pacific by acquiring eight companies in the region. “I am confident that we are on track to continue delivering on our annual objectives,” Müller adds. “However, the developments in Russia and Ukraine have raised uncertainty around the world. We are monitoring the situation and our priority is the safety of our colleagues in the region. Whilst our direct
