M&A Deal Summary

Azelis Acquires Chemical Partners

On July 1, 2022, Azelis acquired distribution company Chemical Partners

Acquisition Highlights
  • This is Azelis’ 32nd transaction in the Distribution sector.
  • This is Azelis’ 2nd transaction in Belgium.

M&A Deal Summary

Date 2022-07-01
Target Chemical Partners
Sector Distribution
Buyer(s) Azelis
Deal Type Add-on Acquisition

Target

Chemical Partners

Brussels, Belgium
Chemical Partners is a distributor of specialty chemicals that provides a balanced combination of the most performing raw materials, with the related technical and commercial supports, adding the dedicated logistics, we extend our global expertise for tailor-made solutions. Chemical Partners was founded in 1995 and is based in Brussels, Belgium.

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Buyer(S) 1

Buyer

Azelis

Antwerp, Belgium

Category Company
Founded 2001
Sector Distribution
Employees3,481
Revenue 4.2B EUR (2024)
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 41 of 61
Sector: Distribution M&A 32 of 49
Type: Add-on Acquisition M&A Deals 37 of 55
Country: Belgium M&A 2 of 2
Year: 2022 M&A 9 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-30 Aktaş - Specialty Lubricant distribution assets

Istanbul, Turkey

Aktaş' Specialty Lubricant distribution assets include the oil additive business Ak-taş. Aktaş' Specialty Lubricant distribution assets is based in Istanbul, Turkey.

Buy -
FOLLOWING 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 -