Brenntag has entered the Israeli market by acquiring distributor Y.S. Ashkenazi Agencies and its subsidiary Biochem Trading. The firm is the said to be the national market leader in personal care, and food and nutrition as well as one of the largest speciality chemical distributors. Terms were not disclosed and the deal has already been completed.
Azelis has extended its reach into Israel by acquiring Orkila Israel, a speciality chemicals distributor in Israel active in multiple market segments, including agrochemicals, animal nutrition, personal care, food, pharmaceuticals and industrial chemicals. Terms were not disclosed.