# Azelis acquires Oktrade to expand in Turkish personal care market

Azelis acquired 100% of Oktrade Kimya Sanayi ve Ticaret Anonim Şirketi, a distributor of specialty personal care ingredients based in Istanbul, Turkey.

- Type: Acquisition
- Announced: 2023-12-11
- Where: Istanbul, Türkiye
- Status: completed
- Products: personal care ingredients
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Azelis](https://endata.com/companies/6509.md) (acquirer)
- [Oktrade Kimya Sanayi ve Ticaret Anonim Şirketi](https://endata.com/companies/74346.md) (target)

## Sources

- [invest.gov.tr](https://www.invest.gov.tr/en/news/news-from-turkey/pages/azelis-acquires-oktrade-fosters-presence-in-turkish-personal-care-market.aspx), 2023-12-11: "The company announced the successful acquisition of a full 100 percent share equity of Oktrade Kimya Sanayi ve Ticaret Anonim Şirketi."

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