M&A Deal Summary

Azelis Acquires Dagalti

On August 18, 2022, Azelis acquired distribution company Dagalti

Acquisition Highlights
  • This is Azelis’ 34th transaction in the Distribution sector.
  • This is Azelis’ 4th transaction in Turkey.

M&A Deal Summary
Date 2022-08-18
Target Dagalti
Sector Distribution
Buyer(s) Azelis
Deal Type Add-on Acquisition

Target

Dagalti

İstanbul, Turkey
Dagalti is a specialty chemicals distributor active in the Turkish rubber and plastics additives (R&PA) market. Dagalti was founded in 1980 and is based in İstanbul, Turkey.

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Buyer(S) 1

Buyer

Azelis

Antwerp, Belgium
Category Company
Founded 2001
Sector Distribution
Employees3,481
Revenue 4.2B EUR (2023)
DESCRIPTION

Azelis is a 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 43 of 57
Sector (Distribution) 34 of 45
Type (Add-on Acquisition) 39 of 51
Country (Turkey) 4 of 5
Year (2022) 11 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-18 Chemical Solutions

Shah Alam, Malaysia

ChemSol is a distributor of raw materials in the Personal Care, Cosmetics, and Household markets. ChemSol was founded in 2001 and is based in Shah Alam, Malaysia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-29 Eurotrading

Veggiano, Italy

Eurotrading is a distributor of personal care raw materials (skin care, sun care, fragrances, and hair care), with a strong product portfolio from the largest global and regional principals. The company provides innovative formulations to about 500 customers, leveraging an application laboratory near Padova, in the northeast of the country. Eurotrading was formed in 1996 and is based in Veggiano, Italy.

Buy -
Mergr

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