May 18 2020

Azelis to acquire Assets of PT Primaditha Jaya Mandiri

Enhanced Coverage of Food Industry in Indonesia with third Acquisition this Year for Azelis

Specialty chemicals and food ingredients distributor Azelis S.A. (Munsbach, Luxembourg) has announced that it has signed an agreement to acquire the distribution assets of PT Primaditha Jaya Mandiri  [“Primaditha”] (Tangerang, Jakarta – Indonesia), an import and distribution business for ingredients and additives for Processed Meat, Savoury Products and Beverages, for an undisclosed sum.

Established in 2008, privately owned Primaditha is active in the greater Jakarta area. The employees will join the Azelis team, including the current co-owners, Mrs. Helianti Laurensia and Mrs. Woro Setyaningtyas. The former will be named Head of Business Developement and the latter Senior Sales Manager Food & Health, both reporting to Antonius Prihantono, Managing Director of Azelis Indonesia.

No financial information was disclosed on the transaction.

Source: Azelis press release, DistriConsult analysis

HGE – DCG / 18.05.2020

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