Azelis acquires Bronson and Jacobs in China
Azelis recently announced that it has signed an agreement to acquire 100% of the shares of Ixom’s Bronson and Jacobs Hong Kong Ltd business and its fully owned subsidiary in Shanghai (“Bronson and Jacobs China”). Bronson and Jacobs China, specialized in the distribution of personal care ingredients and predominantly for skin care, represents many global principals, and has offices in Hong Kong, Shanghai and Guangzhou. The office in Guangzhou houses a personal care lab.
Customers will benefit
“Azelis recently strengthened its presence in Personal Care through the acquisition of CosBond in April 2020. The portfolio of Bronson and Jacobs China is highly complementary to CosBond’s and Azelis’ and will enhance our lateral value chain in this segment. Customers of both organizations will benefit from improved product range and access to additional principals. Furthermore, this acquisition will enable us to reinforce our foothold in the country, perfectly fitting our ambition to become a local champion in Personal Care in China.”commented Laurent Nataf, CEO & President of Azelis Asia Pacific.