Menu Azelis completes the acquisition of Quimdis 1 September 2021 Azelis, a leading global innovation service provider in the specialty chemical and food ingredients industry, announces that it has successfully completed the acquisition of Quimdis. Quimdis is a leading French distributor of ingredients for nutraceuticals, flavors & fragrances, animal nutrition, personal care, pharma and food. Highlights & rationale This transaction enhances Azelis’ lateral value chain by diversifying and expanding its presence in France and EMEA The acquisition of Quimdis provides Azelis in EMEA with an important foothold in the growing non-cyclical markets of flavors and fragrances, synergistic opportunities in animal nutrition, and expands its offering in nutraceuticals The transaction is consistent with Azelis’ strategy of complementing organic growth with strategic acquisitions Quimdis was founded in 1988 by Jean-François Quarré, Michel Manalt and Claire Couratier, originally focusing on essential oils and active ingredients. It now specializes in ingredients distribution and formulation development, with solid positions in the French market and with sales into more than 45 countries. Quimdis is headquartered in Paris and has sales close to €100m. Quimdis’ 78 employees serve over 1,000 customers and c.400 suppliers. This acquisition strengthens Azelis’ offering to fast-growing and attractive markets, whilst also enhancing the position of Azelis France in the life sciences sector. Azelis is now well positioned to develop, structure and implement a global strategy for flavor & fragrance market with the aim of becoming a market leader. The signing of the deal was announced on July 20th, 2021. As Mr. Benoit Fritz, Managing Director of Azelis France said in August: “Azelis will leverage Quimdis’ expertise to complement our lateral value chain with reliable, natural and value-added products like essential oils and active ingredients. We will further benefit from their strong presence across EMEA, expertise and product portfolio in attractive target market segments and geographies.” Share Innovation through formulation Copyright © 2021. All rights reserved. Legal menu Cookie statement Privacy statement Terms & Conditions This site uses cookies to store information on your computer. Some of these cookies are essential to make our site work and others help us to improve by giving us some insight into how the site is being used. For more detailed information, please check our Cookie statement (Opens in a new window) I Accept Necessary Cookies Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences. Analytical and statistical These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. Analytical and statistical On Off Marketing and advertising These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising. Marketing and advertising On Off About this tool (Opens in a new window)