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M&A Deal Summary

Azelis Acquires Eurotrading

On September 29, 2022, Azelis acquired distribution company Eurotrading

Acquisition Highlights
  • This is Azelis’ 35th transaction in the Distribution sector.
  • This is Azelis’ 3rd transaction in Italy.

M&A Deal Summary
Date 2022-09-29
Target Eurotrading
Sector Distribution
Buyer(s) Azelis
Deal Type Add-on Acquisition

Target

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.

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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 44 of 61
Sector: Distribution M&A 35 of 49
Type: Add-on Acquisition M&A Deals 40 of 55
Country: Italy M&A 3 of 4
Year: 2022 M&A 12 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-18 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.

Buy -
FOLLOWING 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 -
Mergr

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