Add-on Acquisition • Distribution

Azelis Acquires Distona

On September 8, 2025, Azelis acquired distribution company Distona

Acquisition Context

This is Azelis’ 49th transaction in the Distribution sector.
This is Azelis’ 2nd transaction in Switzerland.

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M&A Deal Summary
Date	September 8, 2025
Target	Distona
Sector	Distribution
Buyer(s)	Azelis
Deal Type	Add-on Acquisition

Target Company

Distona

Rapperswil-Jona, Switzerland

Distona is a distributor of industrial chemicals. Distona was formed in 2014 and is headquartered in Rapperswil-Jona, Switzerland.

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Buyer Overview 1

Buyer

Azelis

Antwerp, Belgium

Category	Company
Founded	2001
Sector	Distribution
Employees	3,481
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	61 of 61
Sector: Distribution	49 of 49
Type: Add-on Acquisition	55 of 55
Country: Switzerland	2 of 2
Year: 2025	4 of 4

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2025-07-09	ACEF Fiorenzuola d'Arda, Italy ACEF is a distributor of specialty raw materials and ingredients for the cosmetic, nutraceutical, galenic, and pharma industries. ACEF was founded in 1940 and is based in Fiorenzuola d'Arda, Italy.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2025-07-09

ACEF

Fiorenzuola d'Arda, Italy

ACEF is a distributor of specialty raw materials and ingredients for the cosmetic, nutraceutical, galenic, and pharma industries. ACEF was founded in 1940 and is based in Fiorenzuola d'Arda, Italy.

Buy

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