Azelis to acquire Orkila
Azelis announced it has signed an agreement to acquire Orkila, a specialty chemicals and food ingredients distributor throughout Africa and the Middle East.
Headquartered in Beirut, Lebanon, the Orkila group runs offices in 13 countries and is active in more than 30 countries in the region. It serves several thousand customers across Africa and the Middle East, ranging from major multinationals to smaller local producers. Through this transaction Azelis intends to acquire 100% of Orkila, with over 220 employees joining the Azelis team.
Distribution of specialty chemicals and food ingredients
Orkila was created in 2005 and grew to become a leading specialty chemicals and food ingredients distributor in the region, with sales into multiple market segments, including pharmaceuticals, food, agrochemicals, animal nutrition, personal care, paints & construction, oilfield, plastic additives, home care and water treatment. To ensure business continuity, Audrey Sacy Aris and Christophe Sacy, as well as other senior managers, will continue to run the operations going forward.
Image source: Pixabay
