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| Asia-Pacific leader in the marketing and distribution of specialty chemicals and ingredients expands technical capabilities in enzymes with new acquisition |
MELBOURNE, Jan 16, 2014 - (ACN Newswire) - Connell Bros. Co. Australasia Pty Ltd., a subsidiary of Wilbur-Ellis Company, announced today that it has acquired the business of Enzyme Solutions Pty Ltd based in Melbourne, Australia. The acquisition is a strategic fit to Connell Brothers' current business in Australasia and the Asia-Pacific region, and will expand the company's ingredient portfolio within a wide range of industries, including food, home care, animal feed, and industrial applications.
"We're thrilled to welcome the Enzyme Solutions team to Connell Brothers," said Graham Brown, general manager of Connell Brothers Australasia. "Enzymes are critical components in a wide variety of applications, and we believe that the addition of the dedicated technical and sales teams from Enzyme Solutions will strengthen our business, lead to new opportunities, and be of great value to our customers."
Enzyme Solutions has strong technical capabilities in the tailoring and blending of enzymes for various applications, with dedicated attention to quality and safety.
"We've spent many years providing our customers with innovative and environmentally friendly solutions," said Geoff Bearzatto, owner of Enzyme Solutions. "Being part of Connell Brothers who have an unmatched reputation and network in Asia-Pacific will help take our business to the next level of success."
Barri Trotter, presently general manager for Enzyme Solutions, will be business manager for the new Connell Brothers Australasia Enzyme Solutions business unit. Bearzatto will continue to have an active role in running the business.
Connell Brothers is currently the largest marketer and distributor of specialty chemicals and ingredients in Asia-Pacific, and in recent years has significantly grown its regulated businesses, including food ingredients.
Contact:
USA
Sandra Gharib
Wilbur-Ellis Company
+1-415-772-4036
sgharib@wilburellis.com
Hong Kong
Wendy Wong
Connell Brothers
+852-2969-2730
wendy.wong@wecocbc.com
Topic: Merger & Acquisition
Source: Connell Brothers Company
Sectors: Chemicals, Spec.Chem, Science & Nanotech
https://www.acnnewswire.com
From the Asia Corporate News Network
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