Azelis Acquires Whitfield Chemical Group (WhitChem) in the UK

Azelis Acquires Azienda Chimica e Farmaceutica (ACEF)

July 9, 2025

Industrial Services

Azelis Group NV has acquired 100% of Azienda Chimica e Farmaceutica (ACEF), a Piacenza-based distributor of specialty raw materials and ingredients for the cosmetic, nutraceutical, galenic and pharmaceutical markets. The acquisition strengthens Azelis's footprint in Italy, expands its product portfolio and technical capabilities, and brings ACEF's laboratories and GMP-compliant facilities into Azelis's network.

Azelis Acquires Solchem Nature S.L. to Strengthen Nutraceutical Offering in Spain

April 7, 2025

Food & Beverage

Azelis has acquired 100% of Solchem Nature S.L., a Barcelona-based distributor of raw materials and premium ingredients for the nutraceutical and dietary supplements market. The deal expands Azelis's presence in Spain and adds Solchem's ~14-person team and network of over 250 customers to Azelis's EMEA nutraceutical platform.

Ascensus Specialties Acquires Wychem Limited from AURELIUS Equity Opportunities

December 13, 2021

Manufacturing

Ascensus Specialties LLC has acquired Wychem Limited, a UK-based independent fine chemical manufacturer, from AURELIUS Equity Opportunities. The acquisition expands Ascensus' European manufacturing footprint and adds Wychem's capabilities in aromatic compounds, halogenation and multi-step intermediates for pharmaceutical APIs; financial terms were not disclosed by Ascensus, while AURELIUS reported a 10.6x money-over-money multiple on the sale.

Azelis Acquires Gillco Ingredients

May 16, 2023

Food & Beverage

Azelis has signed an agreement to acquire 100% of Gillco Ingredients, a US-based specialty ingredient provider serving the food & nutrition market. The acquisition expands Azelis' footprint in the US life sciences and food & nutrition sectors and brings Gillco's ~40 employees and application expertise into Azelis' global network.

Waterland Invests in Chemservice to Accelerate International Growth

August 18, 2025

Consulting

European private equity firm Waterland has entered a strategic minority investment partnership with Chemservice, a regulatory compliance and regulatory affairs consultancy serving the chemical industry. The founders will retain a significant minority stake and remain in management as Waterland supports Chemservice’s organic expansion and targeted M&A to accelerate international growth and broaden its service offering.

Dover Acquires Transchem Group

January 17, 2024

Manufacturing

Dover has completed the acquisition of Transchem Group, a Cambridge, Ontario–based supplier of car wash chemicals, water reclaim systems and related technology, integrating it into OPW's Vehicle Wash Solutions business within Dover’s Clean Energy & Fueling segment. The deal adds chemistry, water-reclamation technology and a digital platform to Dover’s product portfolio to drive cross-sell opportunities and operational synergies across North America; terms were not disclosed.