Azelis to buy S&D’s pharma ingredients biz

- Last updated on GMT

Related tags: Middle east

Belgian chemicals distributor Azelis has agreed to buy S&D Group citing its presence in key pharmaceutical ingredients markets as an important driver.

The deal, financial terms of which were not disclosed, covers S&D’s raw materials and ingredient supply, distribution and marketing operations, but does not include its finished dosage unit, S&D Pharma, or the synthesis and lab supply business, Chemgo.

The S&D units covered by the deal operate in 15 countries that include some rapidly expanding pharmaceutical markets which Azelis CEO, Joris Coppye, acknowledged as a motivation for the acquisition.

He suggested that: “S&D will give Zelis a leading position in personal care and pharma in the CEE region, including the CIS countries​,” and added that it will also support efforts to consolidate the firm’s Indian operations and build in China.

Coppye also said the acquisition will help Azelis expand in new markets, citing Canada, Australia, the Middle East and Africa as examples.

The firm did not respond to requests for additional information.

Related news

Related product

The Effect of Tamping Force on Bi-Layer Tablets

The Effect of Tamping Force on Bi-Layer Tablets

JRS PHARMA | 15-Aug-2020 | Technical / White Paper

Formulation of bi-layer or multi-layer tablets enables the combination of two or more drugs that may be incompatible or maybe intended for delivery at...

Related suppliers

Follow us


View more