Azelis to acquire specialty lubricant distribution assets of Ak-taş in Turkey

Azelis signed an agreement to acquire the specialty lubricant distribution assets of Ak-taş in Turkey, including the oil additive business of Ak-taş and the base oil distribution business of Whitechem. The transaction is expected to close in Q3 2022.

“Acquiring the distribution assets of Ak-taş and WhiteChem allows us to develop critical mass in the L&MWF market in EMEA.”fuelsandlubes.com

• 1 source
• fuelsandlubes.comAzelis to acquire the specialty lubricant assets of Ak-taş - F&L AsiaVicky DentonJul 1, 2022

Summarized from public sources; check the original articles before acting on it.