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New Deal


Announced

Azelis to acquire Gillco Ingredients.

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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Acquisition

Friendly

ingredients distributor

Single Bidder

Majority

Pending

Private

United States

Cross Border

Fruit and Grain Processing

Synopsis

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Azelis, a global innovation service provider in the specialty chemicals and food ingredients industry, agreed to acquire Gillco Ingredients, a specialty ingredient provider. Financial terms were not disclosed. “In line with our strategic vision to be the preeminent innovation service provider in all territories where we operate, we are happy to welcome Gillco to the Azelis family. This acquisition strengthens our lateral value chain for the food and nutrition market, as well as the broader life sciences segment in the US, and allows us to offer a truly compelling proposition to both principals and customers," Hans Joachim Müller, Azelis CEO.

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