Azelis Expands in Spain with Solchem Nature Acquisition
Deal News | Apr 08, 2025 | Iberian Lawyer
Azelis, a leading global provider of innovation services in the specialty chemicals and food ingredients sectors, has successfully acquired Solchem Nature, a Spanish company specializing in nutraceutical ingredients. This acquisition allows Azelis to strengthen its presence in the burgeoning Spanish nutraceutical market, a key region within Southern Europe. The transaction includes the purchase of 100% of the shares of Solchem Nature. Azelis, headquartered in Belgium and publicly listed on Euronext Brussels, operates in 65 countries globally. Their legal advisory team for this acquisition was provided by Cases & Lacambra, with a multi-practice team led by Corporate/M&A partner Bojan Radovanovic.
Sectors
- Chemicals
- Food Ingredients
- Nutraceuticals
Geography
- Spain – Solchem Nature, the acquired company, is based in Spain, making it a significant geography for the transaction.
- Belgium – Azelis, the acquiring company, is headquartered in Belgium.
Industry
- Chemicals – This industry classification is relevant as Azelis is involved in the specialty chemicals industry.
- Food Ingredients – Azelis operates in the food ingredients sector, providing innovation services within this industry.
- Nutraceuticals – Solchem Nature specializes in nutraceutical ingredients, positioning the transaction within this industry.
Financials
- 100% of shares – Azelis acquired 100% of Solchem Nature's shares.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Azelis | Bidding Company | Company | Azelis is a global leader in specialty chemicals and food ingredients innovation services. |
| Solchem Nature | Target Company | Company | Solchem Nature is a Spanish company specializing in nutraceutical ingredients. |
| Cases & Lacambra | Legal Advisor | Company | Cases & Lacambra provided legal advisory services to Azelis in the acquisition process. |
| Bojan Radovanovic | Corporate/M&A Partner | Person | Bojan Radovanovic led the Cases & Lacambra team advising Azelis. |
| scar Ballester, Celia Cabr, Jordi Medina | Corporate/M&A Associates | People | Associates in the Cases & Lacambra team advising on the transaction. |