# Azelis acquires CPS Chemicals (Coatings) in South Africa

Azelis has signed an agreement to acquire 100% of the shares of CPS Chemicals (Coatings), a specialty chemicals distributor in South Africa serving the paint, ink, resins, paper, plastics, and rubber industries. The acquisition expands Azelis' footprint in South Africa.

- Type: Acquisition
- Announced: 2024-06-17
- Where: Durban, South Africa
- Status: announced
- Products: specialty chemicals for paint, ink, resins, paper, plastics, rubber
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Azelis](https://endata.com/companies/6509.md) (acquirer)
- [CPS Chemicals (Coatings)](https://endata.com/companies/78067.md) (target)

## Sources

- [azelis.com](https://www.azelis.com/en/news/azelis-strengthens-footprint-south-africa-through-acquisition-of-cps-chemicals-coatings-0), 2024-06-17: "By joining the dynamic world of Azelis, I am truly excited by the prospect of leveraging their vast expertise and innovative spirit to propel our company to new horizons."

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