Specialty lubricant distribution assets of Ak-taş, a Turkish supplier of lubricants and metalworking fluids was sold to Azelis

ÜNLÜ & Co acted as sell side financial advisor to Ak-taş Dış Ticaret A.Ş.

Company
Ak-taş Dış Ticaret A.Ş. (certain assets)
Transaction
Sector
Activity
Distribution of specialty lubricants
Date
Country
Türkiye - Belgium

Ak-taş, established in 1989 and headquartered in Istanbul, is a prominent Turkish distributor of petrochemicals, supplying bulk and packaged chemicals to various sectors in Türkiye and neighboring countries. The company has long-standing relationships with blue-chip principals and customers in the region.

With this transaction, Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry, strengthens its presence in the lubricants and metalworking fluids market segment in the EMEA region.