Azelis acquires 90% of South Africa's Umongo

Azelis, a global specialty chemical distributor, announced the acquisition of 90% of Umongo, a lubricants and metalworking fluids distributor in South Africa. The transaction is expected to close in Q4 2021.

“The acquisition of Umongo is another demonstration of our commitment to strengthen our lateral value chain, as well our footprint in Africa.”fuelsandlubes.com

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• fuelsandlubes.comAzelis acquires South Africa's Umongo - F&L AsiaVicky DentonOct 22, 2021

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