Azelis expands in South Africa with acquisition of CPS Chemicals (Coatings)

Azelis, a global leader in the distribution of specialty chemicals and food ingredients, has announced the acquisition of 100% of the shares of CPS Chemicals (Coatings) Pty Ltd, a South African distributor specializing in products for the paint, ink, resins, paper, plastics, and rubber industries. This strategic move enhances Azelis’ footprint in South Africa and is poised to accelerate growth within the broader EMEA (Europe, Middle East, and Africa) region.

Founded in 1993 and based in Durban, CPS Chemicals (Coatings) brings to Azelis a strong market position bolstered by long-standing relationships with global principals and a deep-rooted local customer base. The company’s portfolio includes a wide range of specialty chemicals primarily serving the paint and ink sectors. With a team of 11, CPS Chemicals (Coatings) is recognized for its dynamic service levels and extensive technical expertise.

Nicholas Colepeper, Managing Director of CPS Chemicals (Coatings), expressed enthusiasm about joining Azelis: “By joining the dynamic world of Azelis, I am truly excited by the prospect of leveraging their vast expertise and innovative spirit to propel our company to new horizons. Together, we are ready to achieve remarkable milestones and redefine success.”

Chris Sacy, Managing Director of Azelis MEA, emphasized the complementary nature of the acquisition: “I am delighted to welcome the CPS Chemicals (Coatings) teams to our company. Thanks to their experience and highly complementary portfolio, I am convinced that the combined offering of Azelis and CPS Chemicals (Coatings) will further strengthen our position as one of the leading distributors of specialized CASE chemicals in South Africa.”

Boston Moonsamy, Managing Director of Azelis South Africa, highlighted the strategic alignment with Azelis’ vision: “The strategy of CPS Chemicals (Coatings) is perfectly aligned with Azelis’ ‘Innovation through formulation’ vision, looking to engage with customers on a technical level by offering solutions via the laboratories and R&D programs of its principals.”

The acquisition allows CPS Chemicals (Coatings) to tap into Azelis’ global network of laboratories and benefit from the technical experience and innovation prowess of its teams. This collaboration is expected to enhance the formulation capabilities and service offerings to customers across the region, driving further growth and innovation in the specialty chemicals sector.