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Azelis acquires LCH to strengthen Nordic position
19 Jun 2017Azelis says it has established a leading position in the Nordic food distribution market with its agreement to acquire a leading Danish distributor of food ingredients and own blends, LCH.
Azelis says it has established a leading position in the Nordic food distribution market with its agreement to acquire a leading Danish distributor of food ingredients and own blends, LCH. Mainly dedicated to serving customers in Denmark, all 16 employees of LCH and its Turkish subsidiary Inno Gida will join Azelis.
LCH is said to have a leading position in selling functional ingredients and own blends, primarily to the Danish food industry, and to be a trusted partner of the largest bakery customers in Denmark. The company offers products such as organic, preservative-free and protein-rich ingredients and mixes. “We are excited about this acquisition as LCH’s product portfolio is complementary to the current Azelis Nordic Food business,” said Anna Bertona, Azelis CEO EMEA. “Together we will cover the main food applications markets, such as bakery, confectionery, ingredients and meat & fish. Furthermore, the acquisition of LCH immediately doubles the Azelis Nordic Food business, making us a leading food distributor in the region.” “Azelis and LCH share the same values as well as a focus on innovation, value creation and growth through relationships with carefully selected partners,” said Gert Schnoor, LCH CEO. “We are truly satisfied with the deal, since it clearly opens up new opportunities for the LCH team and will allow our business model to expand into new territories. We will become part of a larger, strong, international organisation that offers greater development opportunities on many fronts.” Schnoor will become the new managing director for the combined Azelis Nordic organisation. He replaces Andrew Johnson, who has led Azelis Nordics for years and will now relocate to the UK.