In April 2021, Azelis acquired the majority shares of ASIA PRIMERA KIMIKA INC. (APKI) and PHIL-ASIATIC SUPPLY & SERVICES INC. (PSSI). The companies were established in 2007 by Mr. Mohd Kassim bin Salleh and the late Ms. Cris S. Aquino, both pioneering figures in the chemical business in Malaysia and the Philippines, respectively. The companies are reputed for their deep experience in providing technological innovation, research and integrated services in personal care, home care, paints, coatings, construction and inks, industrial chemicals and supply management. With this acquisition, Azelis now also has a Personal Care laboratory in the Philippines.
Growth in Asia Pacific is one of the strategic priorities for Azelis. Entering the important and growing market of the Philippines will help Azelis gain even better coverage in the entire region which is key for us to attract new mandates with our existing principals.
Azelis enters the Philippines through the majority shareholding acquisition of ASIA PRIMERA KIMIKA INC. and PHIL-ASIATIC SUPPLY & SERVICES INC.
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