M&A Deal Summary

Azelis Acquires Smoky Light

On January 10, 2023, Azelis acquired distribution company Smoky Light

Acquisition Highlights
  • This is Azelis’ 37th transaction in the Distribution sector.
  • This is Azelis’ 1st transaction in the Netherlands.

M&A Deal Summary

Date 2023-01-10
Target Smoky Light
Sector Distribution
Buyer(s) Azelis
Deal Type Add-on Acquisition

Target

Smoky Light

Reeuwijk, Netherlands
website
Smoky Light is specialized in the distribution of smoke, grill, browning agents, and cooking flavors and additives for the food & nutrition industry. Smoky Light was established in 1995 and is based in Reeuwijk, Netherlands.

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Buyer(S) 1

Buyer

Azelis

Antwerp, Belgium

website


Category Company
Founded 2001
Sector Distribution
Employees2,772
Revenue 2.3B EUR (2020)
DESCRIPTION

Azelis is a global distributor of specialty chemicals and food ingredients, providing diverse products and innovative services. Azelis was founded in 2001 and is based in Antwerp, Belgium.


DEAL STATS #
Overall 46 of 54
Sector (Distribution) 37 of 43
Type (Add-on Acquisition) 42 of 49
Country (Netherlands) 1 of 1
Year (2023) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-05 Chemiplas

Auckland, New Zealand

Chemiplas is a distributor of specialty chemicals, plastic raw materials, and ingredients in Australia, New Zealand, and the Pacific Islands. It is well-placed to leverage an extensive product portfolio and provide innovative solutions to customers. Chemiplas was formed in 1976 and is based in Auckland, New Zealand.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-24 Lidorr Elements

Ramat HaSharon, Israel

Lidorr Elements is a specialty chemical distributor in crop protection, industrial materials, and care & nutrition. Lidorr Elements was founded in 1970 and is based in Ramat HaSharon, Israel.

Buy -