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New Deal


Announced

EQT-backed Azelis to acquire Vigon International.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Majority

flavors

Friendly

Private Equity

Acquisition

Single Bidder

fragrances

Private

Cross Border

Pending

Specialty Retailers

Synopsis

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EQT-backed Azelis, a distributor of specialty chemicals and food ingredients, agreed to acquire Vigon International, a US specialty distributor and manufacturer of ingredients for the flavors, fragrances, and cosmetics market segments. Financial terms were not disclosed. “Joining forces with Vigon gives us a unique opportunity to acquire a market leader in the attractive North American flavors and fragrances market segments with ample synergy potential. Vigon is a strategic platform, providing us an important foothold in the US market with a sizeable potential for future growth and strengthens Azelis’ overall business profile," Hans Joachim Müller, Azelis CEO.

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