The acquisition reinforces Azelis’ footprint in industrial chemicals, particularly within the AM&A market segments in Germany and the CEE region
Azelis, a leading global innovation service provider in the speciality chemicals and food ingredients industry, announces that it has signed an agreement to acquire the distribution business of DBH Osthandelsgesellschaft mbH (DBH), a speciality chemicals distributor focused on AM&A (Advanced Materials & Additives) in Germany and Central & Eastern Europe (CEE). The transaction is expected to close during the second quarter of 2024.
The acquisition reinforces Azelis’ footprint in industrial chemicals, particularly within the AM&A market segments in Germany and the CEE region. Azelis enhances its lateral value chain by leveraging DBH’s diverse product portfolio, its expertise in the German rubber and plastic additives market and its long-standing partnerships with blue-chip principals. Moreover, DBH’s extensive customer base and strong local sales team strengthen the group’s product offering and customer reach.
Majority owner, DBH, comments, “We are delighted to join Azelis, as it represents a significant milestone for DBH. Our activities and expertise in advanced materials and additives complement Azelis’ expertise in this field, and we are confident that this acquisition will greatly enhance our business both in Germany and in the wider CEE region. By joining forces, we will strengthen our position in the market, expand our offerings, and deliver even greater value to our customers.”