Azelis, a leading innovative service provider in the specialty chemicals and food ingredients industry, has acquired 100% of the shares of Neupert Specialities GmbH in Austria, an established distributor specialising in food and health raw materials and ingredients in the local market.
Austria is an attractive and growing market for food and health ingredients in Europe and enjoys strong growth of innovative product formulations, providing Azelis with added cross-selling opportunities
The transaction is consistent with Azelis’ strategy of complementing organic growth with strategic acquisitions
Established in 2011 and headquartered in Vienna, Neupert Specialities was founded by Norbert Resch and Peter Suppan, who will both continue to lead the business and support the integration into Azelis. Neupert Specialities specializes in products such as proteins, hydrocolloids, agar, and sugar substitutes and serves local customers through its strong relationships with renowned global ingredient suppliers.