Company News, Financial News

Azelis Group to Acquire Koda Distribution

Deal to close by the end of the year.

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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.  “The specialty chemicals market in North America is extremely important and the trend of suppliers moving their smaller accounts to specialty chemical distributors will continue for some time,” said Hans Joachim Müller, CEO, Azelis. “As we got to know the team at KDG, it became clear that they share our values and we believe tha...

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