- Business
- Redox Limited (ASX:RDX) is a leading global supplier and distributor of chemicals, ingredients, and raw materials, sourcing over 5,000 stock keeping units from more than 1,000 domestic and global producers and supplying them to customers across nearly 200 industry sub-sectors; core products and services encompass human and animal health and nutrition, crop production and protection (accounting for about half of annual sales), surface coatings, plastics, rubber and foam, household and personal care, detergents, water treatment, mining and explosives, food and beverages, personal care, metals, building construction (including roading, glass, wood preservatives, gypsum, plasterboard, concrete admixtures, insulation, ceramics and brick), textiles and leather, oil and gas, lubricants; the company operates primarily in Australia and New Zealand (where it holds the largest market share of approximately 5% in a fragmented market), North America, Southeast Asia and Malaysia, with a dedicated team of over 400 employees across 16 locations and more than 100 storage sites. Founded in 1965 and headquartered in Minto, Sydney, Australia, Redox leverages its in-house ERP/CRM platform Redebiz to drive sales growth through an expanded team of 194 representatives. In FY25 (year ended 30 June 2025), the company completed three acquisitions—Oleum and Auschem (integrated in the first half, enhancing solvent distribution, specialty chemicals, and supplier relationships in Australia) and Molekulis (acquired in the second half for integration in 1H26, bolstering technical expertise in power, lubricants, rubber, bitumen, and a regeneration plant for used transformer oil in New Zealand)—while signing new channel partnership agreements with leading producers including Dow and Viva Energy to access new markets, products, and customers; these initiatives supported revenue growth of 9.4% to $1.244 billion, volume expansion above historical averages (particularly in crop production/protection and surface coatings), and a maintained gross profit margin of 21.6% within its historical 20-22% range, positioning Redox for ongoing organic growth, disciplined M&A (especially in North America), and sustainable profitability with a strong net cash position of $124 million.