Axieo Pty Ltd was formed in 2014 when the Specialties and Masterbatch businesses of Nuplex (ASX:NPX) were acquired by senior management, in partnership with
CHAMP Private Equity.
Our Masterbatch business has a history over several decades when the masterbatch expertise of companies including APS Chemicals and Acquos (formally Ciba and Clariant Australia) were brought together into one company.
Meanwhile the Specialties business was founded by Nuplex in 2002 when it acquired Australian based Asia Pacific Specialty Chemicals which distributed specialty materials used in the construction, food, soap, rubber industries among others. Additional agency and distribution businesses, including Multichem and Polychem were later acquired, creating one of Australia and New Zealand’s leading agency and distribution businesses.