Azelis has strengthened its position in the Indian food sector by acquiring the distribution activities of MK Ingredients & Specialties and SSD Industries (MK) in the country.
MK is a family-owned distributor which covers food applications such as confectionery, bakery and dairy. Its employees and management will join Azelis.
Azelis said MK’s “well-equipped” laboratory is consistent with its own focus on innovation and product development.
Laurent Nataf, CEO and president of Azelis Asia Pacific, said: “MK and Azelis India have a solid and highly compatible supplier mix and this acquisition will help increase the value Azelis can bring to our customers and principals. It will provide us with an improved product offering and customer reach, in particular within the food industry.
“MK Ingredients won an award for best APAC distributor in 2016 and for exceptional business growth in 2018. This clearly demonstrates the great partnerships they have with principals, a value which is shared by Azelis.”
Azelis India managing director Aparna Khurana said: “Combining the Azelis food lab with MK’s modern and fully equipped food lab will complement our technical expertise, especially in the dairy and bakery sectors.”
Dipan Dalal, managing partner at MK Ingredients, added: “There is an excellent strategic fit and we are excited by the opportunity we now have for further growth in this market. We will benefit from Azelis’ speciality focus and connectivity with blue-chip principals on a global level, whilst the new setup will offer a much wider product portfolio and know-how to our customers.
“Furthermore, Azelis has a well-established operating platform and logistics expertise which will accelerate our service efficiency.”
Earlier this year, Azelis agreed a deal to acquire Euroconsultant, a Polish distributor of flavours, shelf life extenders and other products predominantly for the meat segment.
© FoodBev Media Ltd 2020