Deal Snapshot
Azelis Acquirs Turkish Specialty Chemicals Distributor Dağaltı
Thursday 18 August 2022

Belgium-based specialty chemicals and food ingredients company Azelis (Brussels: AZE) has signed an agreement to acquire 100% of the shares of Turkish specialty chemicals distributor Dağaltı Kauçuk San. (Dağaltı), the company said.

Dağaltı is active in the Turkish rubber and plastics additives market. The acquisition of Dağaltı strengthens Azelis' R and PA footprint in Turkey. Dağaltı's extensive product portfolio strategically complements the Group's lateral value chain in industrial chemicals, enhancing the offerings and technical expertise Azelis provides to customers.

Date Published: 18/08/2022