Azelis sells its composites business

VELOX took over the composites business and its employees from 1 October 2012.

We understand the importance of building and maintaining personal relationships with our customers and partners and are pleased to welcome our new colleagues to VELOX. We are committed to grow the composites business together with our principals and develop our product offering for the composites market.
Max Schlenzig, Founder and Managing Director, VELOX

Following a strategic review, Azelis decided the composites market did not fit with its plans for future development. Within the markets it serves, industrial chemicals, coatings, rubber & plastic and life sciences have been identified as growth areas within Europe.

VELOX, headquartered in Hamburg, supplies and markets raw material specialities for the plastics, rubber, paints and coatings industries. It has 15 sales offices in Europe.