KERİM ÜLKER
Recently, the intense interest of chemical companies in Europe and the USA continues with new acquisitions and partnerships. Belgian chemical company Azelis, which knows Turkey closely and makes successive acquisitions, added another Turkish company to the list.
The Belgian giant, which took over the specialty chemicals content unit from Turkey’s leading specialty chemicals and foodstuffs supplier Tunçkaya, Tara Kimya, Ekin Kimya and Aktaş Dış Ticaret and its subsidiary Whitecem S.A., is now acquiring Dağaltı Rubber Company.
Dağaltı Kaucuk, a specialty chemicals distributor, was established in Istanbul in 1980. Dağaltı is known as one of the most important players in the field of rubber and rubber additives in the Turkish domestic market. Dağaltı Rubber works with more than 400 customers. The acquisition process will be completed in the third quarter of this year.
It has a turnover of 2.5 billion
Operating in 56 countries, Azelis has entered a serious acquisition process in recent years. Incorporating nearly 50 companies in different geographies of the world, including Turkey, since 2018, Azelis has a turnover of 2.5 billion euros and a turnover of more than 5 billion euros. exchange One of the most important chemical companies in Europe with its value. Azelis from Singapore has close to 3,000 employees in companies spread over countries such as Singapore, Israel and India. The company’s shares are traded on Euronext Brussels.