Announced
Completed
Financials
Sources
Tags
Private
Acquisition
Specialty Chemicals
Belgium
food ingredients
specialty chemical production
Private Equity
Single Bidder
Friendly
Completed
Majority
Cross Border
Synopsis
EQT, with PSP Investments as co-investor, completed the acquisition of Azelis, a global distributor of specialty chemicals and food ingredients, from Apax Partners. Financial terms were not disclosed. EQT will support Azelis’ continued development by providing access to both operational and financial resources and by leveraging EQT’s expertise with buy-and-build strategies. In addition, EQT will provide digital capabilities and grant the company access to a global network of industrial advisors.
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