Azelis bolsters position in Nordic market by snapping up Ingredi

636621438810036689puzzle piece.jpg

17 May 2018 --- Specialty chemicals and food ingredients distributor Azelis is strengthening its position in the Nordic food market with the acquisition of premium ingredient supplier Sweden-based Ingredi AB. Coming off the back of marking its entry in the South Korean market with the recent acquisition of the distributor of personal care ingredients SammiChem Co, Azelis has now signed another agreement – this time to acquire Ingredi AB, which is effective immediately.

With more than 25 years of experience in consulting, sales, stockholding and distribution of ingredients to these industries, Ingredi is a distributor of raw materials and ingredients for the Swedish food and health industry.
 
 
Click to Enlarge
Fredrik Wollin, CEO at Ingredi
It offers a broad quality assortment focusing on natural functional ingredients with "clean labeling" and organic raw materials. FoodIngredientsFirst has reached out to Azelis for more information.
 
“We are excited about this acquisition as Ingredi’s product portfolio is very complementary to the current Azelis Nordic Food business. Together we will cover the main food applications markets, such as bakery, confectionery, health food and meat and fish,” said Gert Schnoor, Azelis Managing Director Nordic.
 
Fredrik Wollin, currently CEO at Ingredi, adds how Azelis and Ingredi share the same values as well as focus on innovation, value creation and growth through partnerships with carefully selected partners.
 
“We are truly satisfied with the deal since it clearly opens up new opportunities. We will become a part of a larger, strong, international organization that offers greater development opportunities on many fronts. With the new setup, we can offer a much wider product portfolio and know-how to our customers.”
 
Fredrik Wollin will continue his work in Azelis, mainly dedicated to serving customers in Sweden. The company's sales office is located in Sjöfartshuset in Gamla Stan, Stockholm.
 
 

RELATED ARTICLES
Homepicture

Mosa Meat secures US$8.8m investment to bring lab-grown meat to market by 2021

18 Jul 2018 Mosa Meat, a spin-off company from Maastricht ...

Homepicture

US poultry flavors expansion: Diana investment stresses animal welfare goals

18 Jul 2018 Diana Food (part of Symrise) has revealed its ...

Homepicture

Cost of listeria outbreak: Greenyard estimates €30 million impact

18 Jul 2018 Frozen vegetable marketer Greenyard estimates ...

Homepicture

Roha launches Natracol Vibra Yellow, an “innovation for consistency of shades”

18 Jul 2018 Roha has launched its Natracol Vibra Yellow ...