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Azelis, a leading provider of food and chemical ingredients, has announced the acquisition of Tunckaya, a distributor of food ingredients and additives in Turkey.
According to Azelis’ press release, the acquisition strengthens its position in the fast-growing Turkish market for food.
“We’re very happy to bring Tunçkaya into the Azelis family. Their strong relationships in the food market and general market position is a fantastic addition for our lateral value chain and complements the organic growth of Azelis. Turkey is a fast-growing region, and an increasingly important market in the food segment, so we’re delighted to grow together with Tunçkaya. We look forward to combining our talents and leveraging our combined capabilities and expertise for our customers and principals in Turkey and across the wider EMEA region,” said Sertaç Sürür, managing director Azelis Turkey.
Source: Azelis
