05 January 2021 | News
Acquires MKVN Chemicals and Viet chemicals
Photo Credit: Freepik
Azelis, a leading distributor of specialty chemicals and food ingredients, announced it has acquired a majority shareholding of MKVN Chemicals Co Ltd (MKVN Chemicals) and Viet Chemicals Trading and Service Co Ltd (Viet Chemicals) through their parent company Bellekimia Singapore Pte. Ltd (Bellekimia). Both companies are active in personal care, industrial chemicals, agro and food segments as well as supply chain solutions. Founded in 2000 and with offices in Hanoi and Ho Chi Minh, MKVN Chemicals and Viet Chemicals have a strong reputation in Vietnam, serving first-class international principals and 700 customers.
Highlights & rationale
Mr. Kamal Hezry Kassim, Managing Director of MKVN Chemicals and Viet Chemicals, will continue to manage the business and will report to Azelis Asia Pacific CEO & President, Laurent Nataf
Mr. Laurent Nataf, CEO & President of Azelis Asia Pacific, explains, “MKVN Chemicals and Viet Chemicals currently operate best-in-class personal care laboratories in Vietnam. These laboratories will provide important added value to Azelis’ existing technical expertise and will bring benefits to the entire region.”