pdf Download - Velox

Press Release
VELOX GmbH Presse contact: Mrs. Kathrin Behnke
Brandstwiete 1 E-mail: behnke@velox.com
D – 20457 Hamburg Tel: +49 (0)40 369 688 17
www.velox.com Pages: 2
Words: 459
Date: Hamburg, 01 October 2012 Keystrokes: 3,085
VELOX expands portfolio to include composites product range
On 01.10.2012 VELOX, the Hamburg-based distributor of raw material specialities,
acquires the composites business of the Belgian Azelis Group. At the time of acquisition
this Azelis business area comprises some 50 employees in 12 European countries and
reports turnover of around € 50 million.
VELOX GmbH, established in 1993 by Bernard Goursaud and Max Schlenzig, is one of
the leading European distributors of raw material specialities for the plastics, rubber and
paints & inks industries. The composites business is a logical complement to VELOX’
current product portfolio and furthermore, provides the group with market entry into new
countries, in particular the Scandinavian markets of Norway, Finland and Denmark. The
acquisition also complements VELOX’ existing business in other countries such as
France, Italy, Poland and Czech Republic and significantly strengthens the sales teams
already active there.
The acquisition of Azelis’ composites business is an important strategic step for VELOX
on the path to achieving the ambitious growth targets that the privately managed group
has set for itself over the next few years. Its European presence is now almost
seamless and with this major expansion of its product range, the new business area
enables the company to strengthen its market position clearly.
VELOX is also acquiring numerous distribution contracts with globally renowned
composites materials manufacturers. “We very much look forward to working and
growing together with our new providers, and would like to thank them for the trust they
have placed in us”, says François Minec, General Manager at VELOX GmbH. Max
Schlenzig, one of the two company founders, adds: “It has always been our topmost
priority to build a long-term, personal and trust-based cooperation with our employees
as well as with our providers. We warmly welcome our new partners!”

About VELOX:
VELOX GmbH is a leading European company in the sale and distribution of raw
materials specialities for the plastics, rubber and paints & inks industries.
Established in 1993 by Bernard Goursaud and Max Schlenzig, VELOX is headquartered
in Hamburg, Germany. The company currently has 21 offices and employs around 170
experienced staff serving corporate customers throughout Europe.
For further information please visit: www.velox.com
About Azelis:
We serve 30,000 customers in the coatings, rubber, plastic, chemicals, food & health,
animal nutrition, pharma and personal care industries. Through sourcing and distribution
channels in every major market around the world, Azelis, with its corporate service
centre in Antwerp, Belgium, offers chemical producers market penetration, in-depth
local knowledge, value-added services and tailored multi-territory solutions. Azelis,
backed by private equity investor 3i, has a business volume of € 1,200 million and
employs over 1,100 knowledgeable people located in 37 facilities in 32 countries across
Europe, China, India, Canada and Australia.
For further information please visit: www.azelis.com