M&A Deal Summary

Azelis Acquires Gillco Ingredients

On May 16, 2023, Azelis acquired food company Gillco Ingredients

Acquisition Highlights
  • This is Azelis’ 2nd transaction in the Food sector.
  • This is Azelis’ 4th transaction in the United States.
  • This is Azelis’ 2nd transaction in California.

M&A Deal Summary

Date 2023-05-16
Target Gillco Ingredients
Sector Food
Buyer(s) Azelis
Deal Type Add-on Acquisition

Target

Gillco Ingredients

San Marcos, California, United States
Gillco Ingredients is a specialty ingredient provider in the food & nutrition market in the USA. Gillco Ingredients was founded in 1982 and is based in San Marcos, California.

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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 49 of 57
Sector (Food) 2 of 2
Type (Add-on Acquisition) 45 of 51
State (California) 2 of 2
Country (United States) 4 of 4
Year (2023) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-12 Vogler

São Bernardo do Campo, Brazil

Vogler is a specialty distributor of food ingredients active in the food & nutrition and animal nutrition markets. The company operates three full-service application laboratories and serves 2,300 customers, including many of the region’s largest food and animal feed producers. Vogler is based in São Bernardo do Campo, Brazil.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-09 Agspec

Mount Gambier , Australia

Agspec is a distributor of crop nutrition, crop protection and specialty agricultural products. Agspec is based in Mount Gambier, Australia.

Buy -