M&A Deal Summary

Azelis Acquires Ekin Kimya AS

On October 16, 2019, Azelis acquired distribution company Ekin Kimya AS

Acquisition Highlights
  • This is Azelis’ 15th transaction in the Distribution sector.
  • This is Azelis’ 1st transaction in Turkey.

M&A Deal Summary

Date 2019-10-16
Target Ekin Kimya AS
Sector Distribution
Buyer(s) Azelis
Deal Type Add-on Acquisition

Target

Ekin Kimya AS

Istanbul, Turkey
Ekin Kimya AS is a chemical distributor for pharma chemicals, food ingredients, and lab chemicals. Ekin Kimya was founded in 1995 and is based in Istanbul, Turkey.

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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 16 of 61
Sector: Distribution M&A 15 of 49
Type: Add-on Acquisition M&A Deals 15 of 55
Country: Turkey M&A 1 of 5
Year: 2019 M&A 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-01 Orkila Lebanon SAL

Corniche el NahrBeirut, Lebanon

Orkila Lebanon SAL is a specialty chemical and food ingredients distributor throughout Africa and the Middle East. Orkila group runs offices in 13 countries and is active in more than 30 countries in the region.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-16 Megafarma SA de CV

Miguel Hidalgo, Mexico

Megafarma SA de CV is a premier Mexican specialty distributor for pharma, food and veterinary industries.

Buy -