Azelis

Kluisbergen, Belgium Founded: 2001 • Age: 25 yrs Listed Acquired By PSP Investments
Speciality chemicals and food ingredients are manufactured and distributed globally.

About Azelis

Azelis is a company based in Kluisbergen (Belgium) founded in 2001 was acquired by PSP Investments in June 2018. Azelis has completed 48 acquisitions, including Ak-tas, Ametech and Azelis. Azelis offers products and services including Application Laboratories, Sampling Service, and International Supply Chain.

  • Headquarter Kluisbergen, Belgium
  • Stage Public
  • Sectors
    Chemicals & Materials
  • Website category Heavy Industry and Engineering · Chemical Industry
  • Email
    ••••••••
  • Website azelis.com/en
  • Social LinkedIn X Facebook
  • Acquired by PSP Investments (Jun 2018)
  • Legal Name Azelis (India) Private Limited
  • Date of Incorporation 15 Mar, 1978
  • Jurisdiction Navi Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹1,924 Cr

    FY 2025 · +21% YoY

  • Net Profit
    ₹120 Cr

    FY 2025 · 6% margin

  • EBITDA
    ₹212 Cr

    FY 2025 · 11% margin

  • Investors
    EQT

    & 3 more

  • Investments & Acquisitions
    Ak-tas

    & 47 more

  • Acquired by
    PSP Investments

    & 2 more

    (Jun 2018)

Products & Services of Azelis

Azelis offers a comprehensive portfolio of products and services, including Application Laboratories, Sampling Service, and International Supply Chain.

Application Laboratories
Service

Laboratories for formulating and innovating chemical solutions

Sampling Service
Service

Provides samples for product evaluation and testing

International Supply Chain
Logistics

Manages global distribution of specialty chemicals

Investors in Azelis

Azelis has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include EQT, Apax Partners and 3i Group.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
EQT is recognized as a global investment organization focused on value creation.
1994eqtgroup.comStockholm, Sweden
Equity investments are focused on tech, services, and consumer sectors.
1981apax.comHong Kong, China
Private equity firm focused on mid-market businesses
19453i.comLondon, United Kingdom
Manages investments for public sector pensions in capital markets, real estate, and private equity.
1999investpsp.comMontreal, Canada
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Board of directors of Azelis (India) Private Limited (Azelis)

Azelis (India) Private Limited is the primary company behind Azelis. The board of Azelis (India) Private Limited currently have 4 directors; the longest-serving is Aparna Lalit Khurana, appointed in 2016. 23 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Aparna Lalit Khurana
DIN 07668269
Managing Director01 Dec 20169 yrs 10 moAzelis (India) Private Limited
Carlo Ravera
DIN 07697765
Director20 Mar 20179 yrs 6 moAzelis (India) Private Limited
Vivek Rama Pandey
DIN 09780363
Director27 Mar 20233 yrs 6 moAzelis (India) Private Limited
Benoit Michel Marc Yvon Fritz
DIN 11154241
Director30 Sep 20251 yrAzelis (India) Private Limited

People of Azelis

212 people are tracked at Azelis (66 in leadership, 2 in board & advisors, 144 in team).

NameRoleGroup
Anna Bertona
CEOLeadership
Matthew Dickman
Market Segment Director EMEA - Pharmaceuticals & HealthcareLeadership
Charlotte Vicca
Group PMI Director And EMEA ManagerLeadership
Shane Woodward
Managing Director - AustraliaLeadership
Wim van de Water
Chief Enterprise ArchitectLeadership
Elie Zoghby
Deputy Market Segment Director - Industrials MEALeadership
Anne Berton
APAC Sheq, Sustainability & Supply Chain DirectorLeadership
Lokesha Tk
Business Head-food & Nutrition (india, Bangladesh And Srilanka)Leadership
Sertaç Sürür
CEO, Asia PacificLeadership
Todd Cottrell
CEO, AmericasLeadership
Evy Hellinckx
CEO, EMEALeadership
Jorge Vargas
Senior Vice President US OperationsLeadership
Salim Raiss
Area Managing DirectorLeadership
Bala Krishnan
Vice President Information TechnologyLeadership
Frank Bakhuizen
Market Segment Director CASELeadership
Chief Operating Officer APACLeadership
Chris Sacy
Managing Director MEALeadership
Thijs Bakker
Chief Financial OfficerLeadership
Saneth Senarath
Finance DirectorLeadership
Basak Vural
EMEA Chief Financial OfficerLeadership

192 more people are available in the full profile.

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Financials of Azelis

Figures of Azelis (India) Private Limited, the primary company behind Azelis, for FY 2025. Revenue was ₹1,924 Cr (+21% year on year). Net profit was ₹120 Cr (6% margin). EBITDA was ₹212 Cr (11% margin). Revenue has grown at a compounded annual rate of +72% over three years.

  • ₹1,924 CrRevenue · FY 2025 · +21% YoY
  • ₹120 CrNet profit · 6% margin
  • ₹212 CrEBITDA · 11% margin
  • ₹269 CrPaid-up capital
  • 201Employees (provident fund records)
  • +72%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Azelis (India) Private Limited are on its company page.

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Detailed financial statements for Azelis

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Investments & Acquisitions by Azelis

Azelis has strategically engaged in corporate development activities, having acquired 48 companies. Notable acquisitions include Ak-tas, Ametech and Azelis.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Distona AG is engaged in distributing specialized raw materials.
distona.chRapperswil, Switzerland0Sep 2025••••
End-to-end services are provided to chemical manufacturers worldwide.
s-amit.comMumbai, India0May 2025••••
Solchem Nature is engaged in supplying natural ingredients and nutraceutical solutions.
solchem.esBarcelona, Spain1994Apr 2025••••
Provider of industrial supply chain solutions and engineering services
haarla.fiFinland0Nov 2024••••
Food production services are provided by Hortimex in Poland.
hortimex.plKonin, Poland1989Oct 2024••••
Distributor of specialty chemicals mainly serving the paint and ink markets
cpschemicals.co.zaDurban, South Africa2005Jun 2024••••
Chemical products and vinyl music are distributed globally from Berlin.
dbh-ost.deBerlin, Germany1990Apr 2024••••
Specialty chemical raw materials are supplied to industrial sectors.
mdkencana.co.idTangerang, Indonesia2009Mar 2024••••
Company offers raw materials for various industries including coatings, adhesives, lubricants, construction additives, pharmaceuticals, food, and animal nutrition
localpack.com.coAntioquia, Colombia1987Dec 2023••••
Cosmetics and detergents are wholesaled in Turkey by the company.
oktrade.com.trMaltepe, Turkey2017Dec 2023••••
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  • Exports

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Timeline of Azelis

15 dated milestones of Azelis across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded Azelis is founded.
  2. Exit Acquired by 3i Group.
  3. Exit Acquired by Apax.
  4. Exit Acquired by PSP Investments.
  5. IPO Lists on the stock exchange (IPO).
  6. Acquisition Acquires OKTRADE KIMYAN ve TİC AS.
  7. Acquisition Acquires Local Pack.
  8. Acquisition Acquires Marga Dwi Kencana.
  9. Acquisition Acquires DBH Osthandelsgesellschaft.
  10. Acquisition Acquires CPS Chemicals.
  11. Acquisition Acquires Hortimex.
  12. Acquisition Acquires Haarla.
  13. Acquisition Acquires Solchem Nature.
  14. Acquisition Acquires S. Amit Speciality Chemicals.
  15. Acquisition Acquires Distona.

Web traffic of Azelis

The website of Azelis (azelis.com) receives about 89.9K visits a month and ranks #436,305 among all websites worldwide, #5,601 in Chemical Industry.

  • Monthly visits
    89.9K

    ▲ 9.2% vs previous month

  • Unique visitors
    35.3K

    per month

  • Global rank
    #436,305

    among all websites

  • Category rank
    #5,601

    Heavy Industry and Engineering · Chemical Industry

Similar websites

Websites whose visitors overlap most with Azelis. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
imcdgroup.com
100%
46.1K#636,088View details
caldic.com
97%
88.5K#425,565View details
alfa-chemicals.co.uk
97%
–#3,334,657View details
america-west.net
94%
––View details
creschem.com
92%
––View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Latest news on Azelis

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Complete news archive for Azelis

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Similar companies to Azelis

10 companies that operate in the same segment as Azelis (Core & Diversified Chemicals), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Chemical materials are designed and applied across industrial sectors.
2004United States–USD 10.66 B21,080
Speciality Chemicals manufacturer
1995Muttenz, Basel-landschaft, Switzerland–USD 4.95 B10,460
Manufacturer of fertilizers, industrial chemicals, crop nutrition products, and real estate
1979Pune, Maharashtra, India–USD 1.21 B1,020
Chemicals and ingredients are distributed globally by Univar Solutions.
1924Downers Grove, Illinois, United StatesUSD 38.38 MUSD 832.6 M–
AGC is engaged in manufacturing glass and chemical products.
2000Tokyo, Tokyo, Japan–USD 1.61 M6
Gases and chemical products are supplied to diverse industrial sectors.
1902Paris, France–USD 31.65 B66,660
Industrial, medical, and specialty gases are manufactured by Messer Group.
1898Bad Soden-salmunster, Hessen, Germany–––
Specialty chemicals are manufactured through integrated R&D and production processes.
2023Bengaluru, Karnataka, IndiaUSD 72.97 MUSD 2.13 M–
Multiple sectors are invested in by this private equity firm.
1920Kingsport, Tennessee, United States–USD 8.76 B14,000
Evonik is recognized as a leader in specialty chemicals innovation.
1847Essen, North Rhine-westphalia, Germany–USD 24.8 M93
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Frequently Asked Questions about Azelis

Azelis was founded in 2001.

Azelis is headquartered in Kluisbergen, Belgium. It is registered at Kluisbergen, East Flanders, Belgium.

Anna Bertona is the current CEO of Azelis.

The primary company behind Azelis, Azelis (India) Private Limited, reported revenue of ₹1,924 Cr for FY 2025, up 21% year on year.

Azelis was established in 2001 in Kluisbergen, Belgium, as a key player in the speciality chemicals and food ingredients sector. Distribution and manufacturing operations are conducted across multiple regions, with a focus on supplying industrial and consumer markets. Leadership is provided by CEO Anna Bertona, overseeing a network that supports various applications in these fields.

Azelis offers Application Laboratories, Sampling Service, and International Supply Chain.

Azelis has made 48 acquisitions, including Ak-tas, Ametech, and Azelis.

Azelis has 4 investors. Key investors include EQT, Apax Partners, 3i Group, and PSP Investments.

Azelis operates through Azelis (India) Private Limited.

Yes. Azelis was acquired by PSP Investments in June 2018.

The legal entities of Azelis currently have 4 directors, including Carlo Ravera, Aparna Lalit Khurana, Vivek Rama Pandey and others.

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