Unipex buyer KDG acquired by Apax Partners' Azelis Group

KODA Distribution Group (KDG), which bought Unipex Solutions Canada Inc earlier this year, has been sold to Azelis Group, a Belgian specialty chemicals distributor. No financial terms were disclosed. U.S.-based KDG was sold to Azelis, a portfolio company of British private equity firm Apax Partners, by Audax Group, a U.S. private equity firm that has backed KDG since 2010. Unipex Solutions, previously a portfolio company of IK Investment Partners, was among KDG's seven add-on acquisitions.

21 December 2015•3 mins read
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