May 6 2025, David R Brown

Azelis, a leading global speciality chemicals and ingredients distributor, has signed an agreement to acquire 100% of the distribution business of S. Amit Group, a Mumbai-based distributor of performance chemicals for the pharmaceutical, agricultural and CASE markets in India. The acquisition strengthens Azelis's market share in India and is in line with the group's strategy of reinforcing its position as the industry reference in its focus end markets.

This acquisition unlocks new opportunities and strengthens our presence in the thriving domestic market in India

Sertaç Sürür
>Azelis Asia Pacific CEO

Established in 1948, S. Amit Group has developed longstanding relationships with customers and principals in fine and performance chemicals over six decades. Its expertise and offerings span multiple industries, including raw materials for active pharmaceutical ingredients and agroactives. With 16 dedicated employees, the S. Amit Group team serves over 300 customers across the country and combining their sales and logistics expertise strengthens Azelis's capabilities and footprint in India.

Amit Mehta, Founder & Promoter, at S. Amit Group, says: “After over seven decades of building our business through differentiation and creating value for customers and suppliers, we are thrilled to be part of Azelis, a recognised innovation service provider. This marks a significant milestone for S. Amit Group, and we are confident that it will open doors to fresh possibilities and offer our customers a stronger portfolio of solutions.”

Sertaç Sürür, Azelis Asia Pacific CEO, added: “We are delighted to welcome S. Amit Group to Azelis. This acquisition unlocks new opportunities and strengthens our presence in the thriving domestic market in India. S. Amit Group's value proposition complements Azelis's capabilities and will allow us to deliver greater value for both customers and principals. Together, we look forward to creating innovative solutions to meet the evolving needs of today.”

The transaction is expected to close in the second quarter of 2025 after the fulfilment of customary closing conditions.

About Azelis
Azelis is a leading distributor of speciality chemicals and food ingredients present in over 65 countries across the globe with over 4,300 employees. Our knowledgeable teams of industry, market and technical experts are each dedicated to a specific market within Life Sciences and Industrial Chemicals. We offer a lateral value chain of complementary products to more than 62,000 customers, supported by +2,800 principal relationships, creating a turnover of €4.2 billion (2024). Azelis Group NV is listed on Euronext Brussels under ticker AZE.

Source(s): Azelis Press Release

Further Information

Visit: https://www.azelis.com