New Gimv Anchor investment: acquisition of 5% shareholding in Azelis

Gimv announces that Gimv Anchor Investments (hereafter “Gimv Anchor”) has made a new investment by acquiring a participation in the listed BEL 20 company Azelis, representing 5% of the outstanding share capital.

The investment in Azelis reflects our strong confidence in the high value-add specialty chemical and food ingredients distribution market. Gimv Anchor is highly convinced that Azelis is a true global reference in this space and that it has a strong and competitive strategic position going forward.

The strategy of Gimv Anchor, the joint venture of Gimv and WorxInvest, is to build and back European champions in their growth and value creation for the long run. We aim to act as a long-term minority shareholder to support the strategic growth plans of Azelis. In this capacity, we will be a constructive sounding board for the company and its stakeholders.

Both the sector and the company are well known to the Gimv Anchor team (led by Bart Troubleyn and Floris van Halder). Their in-depth expertise, in combination with Gimv’s “Building Leading Companies” vision, will contribute to the further development of Azelis.

Gimv Anchor has crossed the statutory transparency threshold. In accordance with applicable transparency regulations, a notification has been made to Azelis and to the relevant authorities. Further details regarding the transparency notification will be made available by Azelis in accordance with applicable law.

Gimv will present an update of the Gimv Anchor approach and portfolio at the occasion of the publication of its half-year results on September 3, 2026.

Bart Troubleyn, Managing Partner & Head of Gimv Anchor and Floris Van Halder Partner of Gimv Anchor declare: “Azelis has a strong value-add position in the attractive market of specialty chemical and food ingredients distribution. We have identified Azelis as a competitive and ambitious leader in this industry and see solid growth potential of the sector and development opportunities for the company. Gimv Anchor is in a good position to be a constructive long-term shareholder of Azelis.”

Geert Vanbuggenhout, Investment Director WorxInvest adds: “This investment is fully in line with Gimv Anchor’s strategy of supporting European champions. With a 5% shareholding, we will become a top five shareholder in Azelis, a company that stands out for its focus on innovation, digital acceleration, sustainability and strengthening its footprint through targeted M&A.”