Azelis, a global innovation service provider in the specialty chemicals and food ingredients industry, has signed a definitive agreement to acquire 100% of the distribution business of S. Amit Group, a Mumbai-based distributor serving the pharmaceutical, agricultural, and CASE (coatings, adhesives, sealants, and elastomers) markets in India.
Expanding Capabilities and Portfolio in India
The strategic acquisition significantly enhances Azelis’s market presence in India. Azelis will integrate S. Amit Group’s long-standing customer relationships and technical capabilities. This will enable them to offer an expanded portfolio of products, improved technical support, and new formulation possibilities. Customers will benefit from broader access to high-performance solutions. Principals will gain from Azelis’s ability to drive innovation and develop applications across a wider product range.
Strategic Fit with Growth Plans
The transaction aligns with Azelis’s strategy to strengthen its position as the industry reference in its target end markets. With this move, the company deepens its foothold in the Indian market—one of Asia Pacific’s fastest-growing economies—and continues to drive market consolidation and portfolio expansion, particularly in pharmaceuticals, agriculture, and CASE sectors.
Enhancing Customer and Principal Value
The integration will unlock new growth opportunities for customers and enhance value for principals. Azelis’s robust innovation infrastructure, technical knowledge, and ability to create advanced formulations will allow principals to deepen their market reach and product impact in India. Customers will enjoy improved access to high-performance solutions, backed by a world-class service provider.
Leadership Perspectives
Amit Mehta, Founder and Promoter of S. Amit Group, commented, “After more than seven decades of creating value through differentiation and deep customer focus, we are proud to join Azelis. This partnership marks a new chapter for S. Amit Group and opens the door to exciting opportunities for our customers and suppliers. Together, we will deliver a stronger, more diversified portfolio of solutions”.
Sertaç Sürür, CEO of Azelis Asia Pacific, added, “We are thrilled to welcome the S. Amit Group team to Azelis. Their strong market presence and customer relationships complement our strategic ambitions in India. This acquisition enables us to deliver even greater value through innovation, formulation support, and supply chain expertise, meeting the evolving needs of this dynamic market”. As reported by fibre2fashion.com, the transaction is expected to be finalized in the second quarter of 2025, subject to customary closing conditions.
