# Setaş Kimya acquires İzel Kimya

Setaş Kimya has acquired 100% of İzel Kimya, a Turkish producer of synthetic resins and paint raw materials. The acquisition was approved by the Competition Board in September 2025.

- Type: Acquisition
- Announced: 2026-03-10
- Where: Türkiye
- Status: completed
- Products: synthetic resins, paint raw materials, alkyd resins, acrylic resins, saturated polyester resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Setaş Kimya](https://endata.com/companies/90788.md) (acquirer)
- [İzel Kimya](https://endata.com/companies/90789.md) (target)

## Sources

- [coatingsturkiye.com](https://coatingsturkiye.com/haberler/son-dakika-haberleri/sektorde-dev-birlesme-izel-kimya-setas-kimya-bunyesine-katildi), 2026-03-10: "İzel Kimya, yolculuğuna tekstil, kâğıt ve plastik kimyasalları alanında küresel bir güç olan Setaş Kimya çatısı altında devam edeceğini duyurdu."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.