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Azelis to acquire Ekin Kimya

December 09/2019

MOSCOW (MRC) -- Azelis, a leading distributor of specialty chemicals and food ingredients, is delighted to announce it has signed an agreement with Ak-tas D?s Ticaret A.S. (Aktas) and individual shareholders to acquire 100% shares of Ekin Kimya, the leading Turkish specialty chemicals distributor for pharma chemicals, food ingredients and lab chemicals, said the producer.

Headquartered in Istanbul, the company represents a large number of renowned world-class specialty pharmaceutical, food ingredients and lab chemicals manufacturers who have a strong strategic fit with Azelis principal and customer base.

Ekin Kimya was founded in 1995 by Dr. Murat C?t?roglu. He owns the company, together with Prof. Dr. Ekrem Ekinci and Aktas, a leading distributor and trader of bulk petrochemicals. Ekin Kimya employs over 70 talented people who are experts in their fields and define the company culture, offering solutions for the benefit of all stakeholders. One Route, One Team management approach is embraced by the whole company ensuring strong teamwork and advancement through a clear strategic roadmap.

Azelis and Ekin Kimya share a strong focus on specialty service offerings and technical expertise. In addition to Azelis three laboratories in Turkey - personal care, homecare and food - Ekin Kimya will be bringing a modern pharmaceutical lab to the new set-up. This is expected to provide more added value services to Azelis existing customer base and will help to further grow the business and emphasize the specialty positioning.

As MRC informed earlier, Azelis Americas CASE, LLC has agreed with Huntsman Advanced Materials for a territory expansion. As of Oct. 1, 2019 Azelis will provide its customers access to HAM products in the West Coast and Northeast, complementing its existing relationship in other regions. The new agreement expands the geographic coverage to include the West Coast and Northeast.
Author:Anna Larionova
Tags:compounding, compounds, coatings, Azelis Coating.
Category:General News
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