Azelis, a service provider for the specialty chemicals and food ingredients industry, has acquired 100% of the shares of Neupert Specialities, a distributor of food and health raw materials and ingredients in the local market.
Established in 2011 and headquartered in Vienna, the company's founders, Norbert Resch and Peter Suppan, will continue to lead the business and support its integration into Azelis. The company provides products such as proteins, hydrocolloids, agar, and sugar substitutes and serves local customers through relationships with global ingredient suppliers.
Norbert Resch, founder and MD of Neupert Specialities, said: ”We are quite excited about the opportunities that this new union brings. In the past ten years, we have built a good presence in the food and health market. We developed strong relationships with both principals and customers and have been able to satisfy their needs by offering high quality ingredients.”
Peter Suppan, founder and MD of Neupert Specialities, said: “There is an outstanding compatibility between our two companies and we are very excited about the enhanced opportunity to expand the business under Azelis’ ownership by leveraging combined global principal relationships. Azelis’ strong track record in sustainability, especially their EcoVadis Platinum rating, as well as the technological capabilities, are of particularly great value to our joint food and health customer base.”
Dr Matthias Hofmann, MD of Azelis DACH, said: “Neupert Specialities shares our values and focus on specialty products and long-term relationships, and we are excited to welcome them to the Azelis family. Our combined principal and customer base further strengthens our footprint and allows us to offer a compelling portfolio of innovative solutions for the food and health market in the region.”