Azelis Acquires Lidorr Elements
Azelis, one of the leading global innovation service providers in the specialty chemicals and food ingredients industry, has announced that it has signed an agreement to acquire 100% of the shares of Lidorr Elements (‘Lidorr’), one of Israel's leading specialty chemical distributors in industrial materials, crop-protection, and nutrition.
Further building on its growing network in the region following the acquisition of Orokia in 2020, the acquisition significantly expands Azelis’ footprint in Israel. Lidorr’s wide portfolio of hundreds of products strengthens
Azelis’ product range in the Agricultural & Environmental Solutions as well as in Advanced Materials & Additives market segments.
Headquartered in the Ramat Hasharon, a suburb of Tel Aviv, Lidorr also has a logistics and laboratory facility in Beit Shemesh in the south of the country. Azelis significantly expands its reach and expertise with this acquisition, gaining a team of 90 employees, including 35 technical sales experts, serving over 400 customers in Israel, among which are Israel's top manufacturers and retailers.
Anna Bertona, Regional CEO Azelis EMEA, commented, “The acquisition of Lidorr Elements is a great opportunity for Azelis to strengthen its presence in Israel in our common markets of agriculture, industrial materials and personal care. This transaction will not only provide us with many business opportunities in crop protection, polymers, and care & nutrition, but also reinforce our relationships with our long-lasting and historical principals within EMEA.”
Ami Lidor, CEO of Lidorr Elements, added, “We are delighted to join Azelis and bring over 50 years of excellence in the Israeli market so that we can prosper together. By accessing Azelis' technical and digital capabilities, we will be able to further develop and promote innovative and sustainable solutions for our customers. Joining the Azelis family offers many opportunities for synergies that will enable us to serve our customers and principals better, and outperform in the future.”
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