Add-on Acquisition • Distribution

Azelis Acquires SammiChem Co.

On May 14, 2018, Azelis acquired distribution company SammiChem Co.

Acquisition Context
  • This is Azelis’ 8th transaction in the Distribution sector.
  • This is Azelis’ 1st transaction in South Korea.

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M&A Deal Summary

Date May 14, 2018
Target SammiChem Co.
Sector Distribution
Buyer(s) Azelis
Deal Type Add-on Acquisition

Target Company

SammiChem Co.

Seoul, South Korea
SammiChem Co. Ltd. is a distributor of personal care ingredients in South Korea. he company, which specialises in cosmetics, is located in Seoul and employs 17 employees.
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Buyer Overview 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 Context for Buyer #
Overall 9 of 61
Sector: Distribution 8 of 49
Type: Add-on Acquisition 9 of 55
Country: South Korea 1 of 2
Year: 2018 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-06 Distralim S.A.R.L.

Casablanca, Morocco

Distralim S.A.R.L. is a distributor of food ingredients in Morocco. The company is based in Casablanca and employs 21 employees. Distralim is a well-respected player in the local market and has strong and long standing relationships with its principals and customers. The company covers the main food application markets, such as ingredients for confectionery, biscuits and ice cream as well as several non-food segments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-17 Ingredi AB

Stockholm, Sweden

Ingredi AB is a distributor of raw materials and ingredients for the Swedish food and health industry. The company has more than 25 years of experience in consulting, sales, stockholding and distribution of ingredients to these industries. Ingredi offers a broad quality assortment focusing on natural functional ingredients with "clean labeling" and organic raw materials.

Buy -