# Azelis acquires Chemo India and Unipharm Laboratories distribution assets

Azelis reached an agreement to acquire the distribution assets of Chemo India and Unipharm Laboratories, both specialty chemicals distributors for CASE, lubricants, and pharmaceutical markets in India. The transaction is expected to close in Q2 2022.

- Type: Acquisition
- Announced: 2022-05-25
- Where: Mumbai, India
- Status: announced
- Products: specialty chemicals and ingredients for coatings, adhesives, sealants, elastomers, lubricants, metalworking fluids, pharmaceuticals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Azelis](https://endata.com/companies/6509.md) (acquirer)
- [Chemo India](https://endata.com/companies/63064.md) (target)
- [Unipharm Laboratories](https://endata.com/companies/63065.md) (target)
- [Chemical Partners Europe S.A.](https://endata.com/companies/63841.md) (target)

## Sources

- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/azelis-expands-presence-in-india-with-acquisition-of-chemo-india-and-unipharm-laboratories/), 2022-05-25: "The transaction represents a solid fit with the Group’s growth ambitions in India, as well as its wider strategic vision for the Asia Pacific region."
- [fuelsandlubes.com](https://www.fuelsandlubes.com/azelis-expands-presence-in-india-with-acquisition/), 2022-05-27: "Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry, has reached an agreement to acquire Chemo India and Unipharm Laboratories’ distribution assets."
- [fluidsandlubricants.com](https://fluidsandlubricants.com/2022/05/30/azelis-etend-sa-presence-en-inde-avec-une-acquisition/), 2022-05-30: "Cette acquisition est une décision stratégique judicieuse qui accroît les atouts exceptionnels que nous possédons déjà sur les marchés indiens de la chimie industrielle et pharmaceutique."
- [rynekfarb.pl](https://www.rynekfarb.pl/azelis-kupuje-dystrybutorow-w-indiach/), 2022-06-02: "Przejęcie to logiczna strategiczna decyzja, dzięki której poszerzymy nasze solidne aktywa na rynku chemii przemysłowej i leków w Indiach."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/AZELIS-GROUP-N-V-127080828/news/Azelis-Group-NV-ENXTBR-AZE-agreed-to-acquire-Chemical-Partners-Europe-S-A-Chempart-Polymers-40882724/), 2022-06-30: "Azelis Group NV (ENXTBR : AZE) agreed to acquire Chemical Partners Europe S.A./Chempart Polymers on July 1, 2022."

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