# Azelis signs agreement to acquire Orkila

Azelis has signed an agreement to acquire 100 percent of Orkila, a specialty chemicals and food ingredients distributor focused on Africa and the Middle East. The transaction is expected to be completed in the next four months.

- Type: Acquisition
- Announced: 2019-10-02
- Where: Beirut, Lebanon, Lebanon
- Jobs: 220
- Status: announced
- Products: specialty chemicals, food ingredients
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Azelis](https://endata.com/companies/6509.md) (acquirer)
- [Orkila](https://endata.com/companies/42500.md) (target)

## Sources

- [foodingredientsfirst.com](https://www.foodingredientsfirst.com/news/azelis-signs-agreement-to-acquire-orkila-further-leveraging-africa-and-middle-east-footprint.html), 2019-10-02: "Azelis has signed an agreement to acquire 100 percent of Orkila, also a specialty chemicals and food ingredients distributor although focused on Africa and the Middle East."
- [ingredientsnetwork.com](https://www.ingredientsnetwork.com/azelis-to-acquire-orkila-news080092.html), 2019-10-07: "We are very excited that Orkila will become a part of Azelis"

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