# Azelis to acquire Ingredients Plus China operations

Azelis has signed an agreement to acquire the Greater China operations of Ingredients Plus China, a distributor of personal care ingredients. The acquisition strengthens Azelis' position in the Chinese personal care market.

- Type: Acquisition
- Announced: 2021-08-23
- Where: Shanghai, Guangzhou, Hong Kong, China
- Status: announced
- Products: personal care ingredients, specialty chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Azelis](https://endata.com/companies/6509.md) (acquirer)
- [WWRC (China) Holdings](https://endata.com/companies/55406.md) (target)
- [Friendship Chemical](https://endata.com/companies/55407.md) (target)
- [Ingredients Plus China](https://endata.com/companies/57252.md) (target)

## Sources

- [beautymatter.com](https://beautymatter.com/articles/azelis-to-acquire-ingredients-plus-china), 2021-08-23: "Ingredients Plus China's portfolio is highly complementary to ours and will boost the personal care range of Azelis China."
- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/azelis-strengthens-presence-in-chinese-market-with-acquisition/), 2021-09-28: "These acquisitions will provide a strong foothold in the CASE (coatings, adhesives, sealants and elastomers) and R&PA (rubber and plastic additives) industrial chemicals segments."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.