Neupert Specialities has been acquired by Azelis
The shareholders of Neupert Specialities have sold 100% of the shares in the company to Azelis.
Established in 2011 and headquartered in Vienna, Austria, chemicals distributor Neupert Specialities was founded by Norbert Resch and Peter Suppan. The company specializes in products such as proteins, hydrocolloids, agar and sugar substitutes, and serves local customers through its strong relationships with renowned global ingredient suppliers.
Azelis is a leading, innovative service provider in the specialty chemicals and food ingredients industry. Azelis supports more than 45,000 customers who benefit from its application know-how and technical support, and have access to a wide product portfolio of more than 2,200 specialty chemicals and food ingredient suppliers. The company has approximately 2,800 employees and is present in 56 countries.
Oaklins’ team in Austria acted as the exclusive sell-side advisor in this transaction. The team in Germany supported the transaction at its early stage.