Azelis announced it has signed an agreement to acquire DBH Osthandelsgesellschaft mbH (“DBH”), a specialty chemicals distributor focused on Advanced Materials & Additives (AM&A in Germany and Central & Eastern Europe (CEE). The transaction is expected to close during the second quarter of 2024.

According to the Azelis, the acquisition reinforces the company’s footprint in industrial chemicals, particularly within the AM&A market segments in Germany and the CEE region. Azelis enhances its lateral value chain by leveraging DBH’s diverse product portfolio, its expertise in the German rubber and plastic additives market and its long-standing partnerships with blue-chip principals.

“We are thrilled to welcome the DBH team to Azelis,” says Uwe Zakrzewski, managing director Azelis DACH. “This acquisition represents an important step forward for Azelis, solidifying our position in the advanced materials and additives market in the EMEA region. With DBH’s expertise and strong presence in this sector, we are confident that we will significantly reinforce our footprint and enhance our ability to meet the evolving needs of our customers. Together, we will unlock new growth opportunities and further strengthen Azelis’ leadership in the industry.”