By: ICN Bureau
Last updated : March 06, 2018 8:18 pm
Azelis has acquired cosmetic and fragrances manufacture Georges Walther
Belgium-based specialty chemical distributor Azelis has acquired cosmetic and fragrances manufacture Georges Walther. According to the release, Jean-Michel Walther, CEO, Georges Walther, will become Business Manager for Personal Care in Switzerland. His key responsibilities are to further develop the personal care market in Switzerland.
“Combining this acquisition with existing operations from Azelis Switzerland and Azelis Germany will give us the perfect platform to strengthen our presence in the Swiss market. It will allow us to focus on advanced personal care products in the portfolio and will enable us to be closer to our customers’ R&D centres, ” Anna Bertona, Azelis CEO & President EMEA, said.
Jean-Michel Walther, CEO & Sales at Georges Walther adds: “Market consolidation is inevitable in the industry, having access to the Azelis application labs, technical services and network will allow us to continue our growth trajectory. We are looking forward to become part of a larger family…’ core values.” The acquisition process will be completed in the course of the next months.