Financial News

Azelis Group To Acquire Koda Distribution Group

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By: TOM BRANNA

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Azelis Group will acquire Koda Distribution Group (KDG) in a deal that is expected to close by the end of the year. A purchase price was not disclosed.  KDG will become known as Azelis Americas, led by Frank Bergonzi, CEO and president of KDG, who will assume the role as CEO and president of Azelis Americas and will become a member of the Azelis board of directors. Azelis Americas will continue to operate in the US and Canada, using its existing business model and go-to-market strategy. It wi...

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