# EQT VIII to acquire Azelis from Apax Partners

EQT VIII, with PSP Investments as co-investor, has been granted exclusivity to acquire Azelis, a global distributor of specialty chemicals and food ingredients, from funds advised by Apax Partners. Azelis has sales of around EUR 1.8 billion and 1,800 employees.

- Type: Acquisition
- Announced: 2018-06-19
- Status: announced
- Products: specialty chemicals, food ingredients
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [PSP Investments](https://endata.com/companies/2613.md) (investor)
- [EQT](https://endata.com/companies/3219.md) (acquirer)
- [Azelis](https://endata.com/companies/6509.md) (target)
- [Apax Partners](https://endata.com/companies/14505.md) (partner)

## Sources

- [eqtgroup.com](https://eqtgroup.com/news/eqt-granted-exclusivity-to-acquire-azelis-a-global-distributor-of-specialty-chemicals-and-food-ingredients-2018-06-19), 2018-06-19: "EQT VIII, with PSP Investments as co-investor, has been granted exclusivity to finalize the discussions to acquire Azelis from funds advised by Apax Partners."

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