Azelis acquires Brazilian food distributor Vogler

Azelis has signed an agreement to acquire the majority shares of Vogler Ingredients Ltda., expanding its footprint in Latin America.

Deal expands company’s Latin American presence

Azelis, a global innovation service provider in the specialty chemicals and food ingredients industry, has signed an agreement to acquire the majority shares of Vogler Ingredients Ltda., a specialty distributor of food ingredients in Brazil. The acquisition represents a strategic expansion of the group’s footprint in the largest economy in Latin America, reinforcing its focus on executing its regional growth strategy.

Vogler is a specialty ingredient distributor in Brazil, active in the food and nutrition, and animal nutrition markets. The company operates three full-service application laboratories at its headquarters in São Paulo, and has a regional office in Recife. With more than 130 experienced employees, Vogler serves 2,300 customers, including many of the region’s largest food and animal feed producers. João Viveiros, Vogler’s founder and general director, will remain and continue to lead the business after closing.

“In line with our strategic vision to be the preeminent innovation service provider in the regions where we operate, joining forces with Vogler provides Azelis with a significant foothold in the Brazilian food and nutrition market and the opportunity to expand with our customers and principals,” Frank Bergonzi, CEO of Azelis Americas, said. “In addition, Vogler is a platform for Azelis in Brazil to provide further growth by leveraging our international infrastructure, and global lab network. We will utilize Vogler as the foundation to add market segments and expand our lateral value chain.”

Vogler’s longstanding relationships with global blue-chip principals, existing product portfolio and market expertise significantly expand Azelis’ lateral value chain in Latin America and allow the group to accelerate its growth strategy in the region. The transaction is expected to close in the second quarter of 2023, after the fulfilment of customary closing conditions.

“We are delighted to become part of Azelis, which enables us to serve our current customers and principals better and allows us to enter new markets,” said João Viveiros, general director of Vogler. “Our market-leading regional expertise, combined with Azelis’ strong global network and principal relationships, creates a powerful international partnership, which will benefit our diverse range of principals and customers. We look forward to leveraging Azelis’ leadership in sustainability, digitalization and innovation, and we’re confident that Vogler will thrive as part of the Azelis group.”

Page 1 of 173
Next Page