Azelis finalizes deal to acquire KDG

Effective December 17, Azelis Group  (Azelis) and KODA Distribution Group (KDG) have finalized the deal to acquire US-based KDG. The deal is now following regulatory clearance. As a result, KDG is now Azelis Americas with Frank Bergonzi as CEO and President and member of the Azelis Board of Directors. Frank Bergonzi reports to Hans Joachim Müller, CEO Azelis Group.

Azelis Americas will continue to operate in the USA and Canada using its existing business model and go-to-market strategy. Its renowned local brands will be maintained and co-branded with the Azelis visual identity, thereby emphasizing its local focus on absolute customer service, now backed by a global structure. Specialty markets are also aligned across the Group.

In total the new company will have over 30 application laboratories worldwide covering Food & Health, Personal Care, Pharma, Homecare & Industrial Cleaning and CASE (Coatings, Adhesives, Sealants and Elastomers). In-house chemists and technologists help customers to develop innovative products, enhance product improvements and showcase our principals’ products using novel applications. This service in supporting customer’s needs in specialty chemicals remains the cornerstone of the enhanced Azelis Group.