Azelis strengthens its presence in Canada through the acquisition of Chemroy
Overview
On March 11, 2019, Azelis, a leading specialty chemical supplier operating globally, announced it has acquired Chemroy, a Canadian distributor of specialty chemicals and food ingredients. The transaction sees Azelis acquire 100% of Chemroy Canada Holdings Inc. Chemroy was founded in 1967 and has 59 employees. Headquartered in Brampton, Ontario, Chemroy offers warehousing across Canada and has further offices in Laval, Quebec and Vancouver, British Colombia.
The transaction will place Azelis as one of Canada's leading specialty distributors with a strong position in the CASE (coatings, adhesives, construction and ink), food, pharmaceutical, nutraceutical and personal care segments.
Torkin Manes LLP represented Chemroy with a team led by Kobi Bessin, including Tal Cyngiser and Nicholas Dempsey (Corporate), Kenneth Beallor (Real Estate), Kay Leung (Tax), Lisa Lifshitz (IT/Privacy) and Daniel Pugen (Employment).
Azelis was represented by Lette LLP with a team led by Patrizia Banducci including Kevin Johnson (Employment) and Taya Talukdar (Corporate).
People
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Kobi's practice encompasses a broad range of corporate and commercial matters, with a particular emphasis on mergers and acquisitions, corporate finance, private equity and cross-border transactions. View bio
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Tal regularly advises and assists business clients throughout their company’s life cycle: from formation to the preparation of shareholder and commercial agreements, reorganizations, asset and share purchases and wind-ups. View bio
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A partner in our Commercial Real Estate Group. Ken specializes in commercial leasing and the sale, acquisition and financing of commercial property. View bio
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Kay's practice focuses on corporate reorganizations, cross-border transactions, private businesses and personal tax advice, and estate and succession planning. View bio
Partner and Co-Chair, Private Client Services and Tax Groups -
Chair of Torkin Manes' Technology and Privacy & Data Management Groups, Lisa practises exclusively in the areas of technology, privacy and cybersecurity law.
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Partner and Chair, Technology and Privacy & Data Management Groups -
Daniel represents and advises management and employers on a wide variety of labour, employment and human resources/workplace issues. View bio
