Azelis Group closes buy of KODA Distribution

Audax Private Equity said Monday it completed the sale of KODA Distribution Group to Azelis Group, which is also owned by Audax. Antwerp, Belgium-based Azelis is a distributor of specialty chemicals. Harris Williams & Co. and William Blair advised KDG. Ropes & Gray, Burns & Levinson, and Stikeman Elliott served as legal counsel to KDG.

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