BRUSSELS, BELGIUM: Azelis Group (BSE:AZE), 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.

Neupert Specialities is an established distributor specializing in food and health raw materials and ingredients in the local market.

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.

Norbert Resch, Founder and Managing Director of Neupert Specialities, commented: “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 Managing Director of Neupert Specialities, added: “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, Managing Director 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.”

Azelis is a leading global innovation service provider in the specialty chemical and food ingredients industry present in over 50 countries across the globe with around 2,800 employees. www.azelis.com