Specialty Chemicals Distribution Group plans for Expansion in Latin Amercia

Specialty chemicals distributor Azelis S.A. (Munsbach, Luxembourg) has announced the appointment of Eduardo Salinas as Managing Director Latin America (LATAM) within its Azelis Americas regional unit. He will report to Frank Bergonzi, CEO Americas and is charged with geographic expansion in the region, particularly through the group’s M&A strategy, the annnouncemnt stated. Azelis has entered Latin America with the acquisition of Mexican distributor Megafarma in early 2020.  

Salinas holds a degree in Chemical Engineering from UNAM, Mexico City and an MBA from ITAM University, Mexico city. Previous stations in his career were distributors GTM Holdings S.A. and High Chem Specialties Mexico, where he was a co-founder, as well as chemical producers Air Products, Eastman and Ciba Geigy.

Source: Azelis press release, LinkedIn, DistriConsult analysis

HGE – DCG / 28.12.2020