Add-on Acquisition • Distribution

Azelis Acquires Tunçkaya

On February 8, 2022, Azelis acquired distribution company Tunçkaya

Acquisition Context
  • This is Azelis’ 26th transaction in the Distribution sector.
  • This is Azelis’ 2nd transaction in Turkey.

Explore All 3950 Add-on Acquisition Distribution Deals - Search the Database Free


M&A Deal Summary

Date February 8, 2022
Target Tunçkaya
Sector Distribution
Buyer(s) Azelis
Deal Type Add-on Acquisition

Target Company

Tunçkaya

Istanbul, Turkey
Tunçkaya is a distributor of food ingredients and additives as well as a range of blended products for various segments of the food market. Tunçkaya was established in 1973 and is based in Istanbul, Turkey.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

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 34 of 61
Sector: Distribution 26 of 49
Type: Add-on Acquisition 31 of 55
Country: Turkey 2 of 5
Year: 2022 2 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-17 Catalite

Bangkok , Thailand

Catalite is a well-established distributor of specialty chemicals in the Personal Care and Home Care market segments, as well as industrial formulators, intermediates, and coatings. Catalite was founded in 2008 and is based in Bangkok, Thailand.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-16 Whitfield Chemical

Staffordshire, United Kingdom

Whitfield Chemical is a distributor focused on CASE (coatings, adhesives, sealants and elastomers) and R&PA (rubber & plastic additives). Whitfield Chemical is based in Staffordshire, United Kingdom.

Buy -