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Azelis buys in Vietnam

Azelis has acquired a majority stake in two Vietnamese firms, MKVN Chemicals and Viet Chemicals, via their parent company Bellekimia Singapore. This continues a recent spree of acquisitions and investments in Asia for the global distributor.

Both companies were founded in 2000 and have offices in Hanoi and Ho Chi Minh City. They are active in personal care, industrial chemicals, agrochemicals and food, with about 700 customers. They also have personal care laboratories.

Azelis to distribute for Merck in Vietnam

Azelis has concluded a new agreement with Merck KGaA, covering the distribution of Merck Performance Materials’ complete range in Vietnam for personal care, CASE, food and health, and industrial chemicals. The division’s products include pigments, active ingredients and raw materials. The two companies have been partners since 1968 and have existing distribution relationships in Europe and other regions.

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