M&A Deal Summary

Azelis Acquires S.Zhaveri Pharmakem Pvt. - Distribution Business

On February 3, 2020, Azelis acquired distribution company S.Zhaveri Pharmakem Pvt. - Distribution Business from S.Zhaveri Pharmakem Pvt.

Acquisition Highlights
  • This is Azelis’ 17th transaction in the Distribution sector.
  • This is Azelis’ 2nd transaction in India.

M&A Deal Summary

Date 2020-02-03
Target S.Zhaveri Pharmakem Pvt. - Distribution Business
Sector Distribution
Buyer(s) Azelis
Sellers(s) S.Zhaveri Pharmakem Pvt.
Deal Type Divestiture

Target

S.Zhaveri Pharmakem Pvt. - Distribution Business

Mumbai, India
S. Zhaveri Pharmakem Pvt. Ltd.’s distribution business is one of the largest distributors of pharmaceuticals in the world.

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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 18 of 58
Sector: Distribution M&A 17 of 46
Type: Divestiture M&A Deals 2 of 6
Country: India M&A 2 of 7
Year: 2020 M&A 1 of 5
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-01 CosBond

China

CosBond is a specialty chemicals and food ingredients distributor. CosBond was founded in 2008 and is based in Hong Kong.

Buy -

Seller(S) 1

SELLER

S.Zhaveri Pharmakem Pvt.

Mumbai, India

Category Company
Founded 1951
Sector Life Science
DESCRIPTION

S.Zhaveri Pharmakem Pvt. Ltd. is a manufacturer of pharmaceutical raw materials and chemicals, and marketing of products to multinationals and Indian pharmaceutical, nutraceutical & cosmetic companies.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2020 M&A 1 of 1