EQT with PSP Investments as co-investor, has acquired Azelis, a leading distributor of specialty chemicals and food ingredients with a global presence in more than 40 countries. Azelis was established in 2001 through the merger of Novorchem (Italy) and Arnaud (France). It has since followed an active acquisition strategy to create a leading specialty chemical distribution network in Europe. The company is acquired from funds managed by Apax Partners.
